Trump accounts are tax-advantaged savings accounts that the administration created through the enactment of the One Big Beautiful Bill Act, which provided funding to seed $1,000 from the government into Trump accounts for children born between Jan 1, 2025, and Dec. 31, 2028. In a low-returns scenario, maximum contributions to a Trump account would have a balance of $187,400 by age 18 and $772,200 by age 28. In the CEA's high-returns scenario, balances would jump significantly to $730,400 by age 18 and $1,904,300 by age 28. Without contributions, the low-returns scenario would leave the Trump account balance at $2,577 at age 18 and $10,607 at age 28. The Trump administration has indicated that Trump accounts will officially launch on July 5, 2026.