MAX OUT A TRUMP ACCOUNT FROM BIRTH AND THE CHILD HAS ROUGHLY $191,000 ON THEIR 18TH BIRTHDAY That takes $5,000 a year for 18 years. About $108,000 of the balance is what got contributed. The other $83,000 is growth. At 18 the account converts to an IRA. If they add nothing and touch nothing, Schwab projects it could exceed $2.2 million by age 60. Trump Accounts came out of the One Big Beautiful Bill Act and launched in July 2026. Any US citizen born between Jan 1, 2025 and Dec 31, 2028 gets a one-time $1,000 federal deposit to start. Anyone can contribute after that. Parents, grandparents, friends, employers, up to $5,000 a year until the year the child turns 18. Employers can put in $2,500 of that tax free. Government and charity contributions sit outside the cap. The money goes into funds tracking the S&P 500 or similar US indexes with fees capped at 0.10%. Growth is tax-deferred. Schwab's math assumes a 6% annual return the whole way and inflation-adjusted contributions from 2028 forward. No withdrawals before 18. After that IRA rules take over, meaning income tax plus a 10% penalty before 59 and a half, with carve-outs for a first home and qualifying college expenses. Contributions count as present-interest gifts and qualify for the annual gift tax exclusion, which lets grandparents move money out of a taxable estate while funding a grandchild's retirement.