On the face of it, the so-called “Trump accounts” — which would provide parents of newborns with $1,000 to invest on behalf of their child’s future — would be a plus for many families.

Warren Buffett famously says that investing in the stock market from a young age and holding for the long run is the safest way to get rich.

ToplineA group of high-profile CEOs joined President Donald Trump at the White House on Monday to showcase a proposed investment account program, named after the president, for newborn children. Key FactsTrump officially announced the “Trump savings accounts” at a Monday afternoon roundtable alongside Dell CEO Michael Dell,

Almost every baby born in America would get a $1,000 tax-deferred investment account under the proposed program.

On June 5, she went on X/Twitter, publicly calling out the father of her child and the public breakdown of the relationship between him and Trump via a Tweet at the president.

The Republican-led House has passed a significant spending and tax bill, featuring President Trump's 'One Big Beautiful Bill.' Among its provisions is the introduction of 'Trump Accounts' for babies,

Ashley St. Clair, the mom of Elon Musk's 14th child, offered 'breakup advice' to Donald Trump as his friendship with Elon Musk publicly crumbl. The influencer shared in February that she and the Tesla

The program would set up tax-deferred investment accounts that can be cashed out at age 18.

Contribution limits: Annual contributions for Trump accounts would be limited to $5,000, while 529 plans allow for up to $19,000 in contributions in 2025, or $38,000 if you file jointly, per child. Here’s what else you should know about using a 529 plan to save for your kids’ education.

St. Clair, 26, claimed to have given birth to Elon Musk’s 13th child last summer and has been in a legal battle in New York to have the former DOGE honcho acknowledge his son publicly.

The analysis tracked the prices of five popular baby gear categories: car seats, bassinets, strollers, high chairs and baby monitors.