The One Big Beautiful Bill Act allows parents to create "Trump Accounts" for babies born through 2028, letting them contribute money to help jumpstart their child's financial future.

central piece of the "One Big Beautiful Bill," introduced by President Trump and now moving through Congress, proposes a $1,000 seed investment account, dubbed "Trump Accounts", for newborn children.

Enhancements to 529 plans under the One Big Beautiful Bill Act call for a significant expansion of 529 plan benefits and include a brand-new Kids' Savings Program called the MAGA account ...