President Trump's "Trump Accounts" initiative establishes tax-advantaged investment accounts for American children to build long-term wealth, modeled loosely on individual retirement accounts (IRAs). The program, enacted through the One Big Beautiful Bill Act, provides a one-time $1,000 government seed deposit for U.S. citizen children born between January 1, 2025, and December 31, 2028, with parents enrolling via a new IRS form during tax filing.