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.

Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with incomes up to $75,000 benefit most.

New “Trump” savings account for parents and guardians of children born between Jan. 1, 2024, and Dec. 31, 2028, with the feds providing an initial $1,000 seed money ...