Trump Accounts for Kids: The Truth Behind the 'Free Money' Ad

A 2025 law seeds $1,000 to launch Trump Accounts for babies born 2025–2028, with accounts opening around July 4 and sign-up via IRS Form 4547. Parents can contribute up to $5,000 per year (employers up to $2,500), and a philanthropic gift program (e.g., Michael Dell’s pledge) adds funds. Older children can have accounts but won’t receive seed money. Growth depends on stock-market performance, inflation, and additional deposits, so the seed money alone is unlikely to cover college costs or a down payment. The ad’s “free money” claim oversimplifies many eligibility rules and future uncertainties.