On the face of it, the so-called “Trump accounts” — which would provide parents of newborns with $1,000 to invest on behalf of their child’s future — would be a plus for many families.

White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds ...

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The program would set up tax-deferred investment accounts that can be cashed out at age 18.

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Here’s how much parents of newborns can expect to see—and the bill taxpayers may foot—from the formerly named MAGA accounts.

This initiative, part of the 'One Big Beautiful Bill,' raises questions about its accessibility and potential to widen ...