Trump Accounts for Kids Are Now Live: A Closer Look at the Program's Implications President Donald Trump's latest initiative, the "Trump Accounts" program, has been touted as a revolutionary way to give every American child a head start in life.
On its surface, it appears to be a generous plan that invests $1,000 in each eligible newborn's account, with matching contributions from employers and philanthropists.
At its core, Trump Accounts are essentially Individual Retirement Accounts (IRAs) for kids.