New ‘Trump accounts’ for newborns could turn babies into millionaires, earn $676,000 by age 18

Babies born with new “Trump accounts” could potentially be millionaires by adulthood.

The savings accounts that were part of the One Big Beautiful Bill give children a one-time $1,000 investment at birth. Treasury projections show that if maximized and left to compound, the “Trump accounts” could reach as high as $1.9 million by the age of 28, according to a Fox Business exclusive.

Family members can contribute up to $5,000 annually to a child’s account until they’re 18, with the limit possibly increasing for inflation after 2027, Fox reported. If a child receives the maximum contributions through age 17, the account could grow to between $191,000 and $676,000, based on investment returns.

‘Trump accounts’ for newborns could grow to $1.9M, Treasury says https://t.co/OkpK55M6eW

— Rapid Response 47 (@RapidResponse47) July 30, 2025

If the maximized account is left untouched and fully funded, it can reach nearly $2 million, according to the Treasury Office of Tax Analysis.

The Trump account reaches nearly $600,00 at the lower end of projected returns, Fox reported.

So, what if the account doesn’t receive any additional contributions beyond the initial $1,000 investment? The Treasury predicts those accounts could grow to between $3,000 and $13,800 over 18 years.

Babies with a Social Security number who are born between January 1, 2025, and December 31, 2028, are eligible for the new savings account, and funds can’t be withdrawn before the age of 18.

The new accounts were roundly celebrated, but also gained some skepticism, even among some Trump supporters.

Amazing!!!

— John W James III (@JohnWJames3rd) July 30, 2025

Ready for more babies.

— Evan Guthrie (@EvanGuthrie) July 30, 2025

God bless our @POTUS pic.twitter.com/aKStbs38zE

— Big Popz (@BigPopz72) July 30, 2025

By the time they are 18 that wont be enough to buy lunch.

— Scott Gowers (@gowers_sco41306) July 30, 2025

My youngest was born two months before the election. Doesn’t do shit for me.

— IdahoBro84 (@IdahoBro84) July 30, 2025

There are a lot of things about those accounts I have questions about. Do parents get to select the companies that are invested in?

— DC Primetime (@DtcPrimetime) July 30, 2025

By printing out more money, that leads to even more inflation, all at the expense of taxpayers? pic.twitter.com/Qf308fcqYJ

— Libertarian Party of Mississippi (@LPMississippi) July 30, 2025

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