Trump Accounts launch July 4, 2026, offering a $1,000 federal seed contribution for newborns with up to $5,000 in annual private contributions.

Parents can contribute up to $2,500 annually in pretax income, much like they do for retirement accounts

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleTrump says the $1,000 for newborns will…