Trump’s “baby accounts” could grow to $1.9 million by age 28

The so-called “Trump accounts” were established earlier this month when President Donald Trump signed what he called a “big, beautiful bill” into law.

According to Fox Business, a one-time federal contribution of $1,000 per child could potentially grow to as much as $1.9 million by the time the recipient reaches age 28 — provided the account is fully funded and remains untouched.

An analysis by the Treasury Department’s Office of Tax Analysis found that even if parents don’t contribute anything, the account — solely from the government’s initial deposit — could still increase in value to somewhere between $3,000 and $13,800 over 18 years.

Families, including parents and relatives, are permitted to contribute up to $5,000 per year to the account until the child turns 18.

If the maximum contribution is made annually on the child’s birthday from birth through age 17, the fund could accumulate between $191,500 and $676,400, according to the Treasury’s projections.

Funds in the account cannot be accessed until the child reaches 18, and enrollment requires providing the child’s Social Security number.

The program applies to children born between January 1, 2025, and December 31, 2028, under the current law.