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In reply to the discussion: The Quest to 'Make America Fertile Again' Stalls Under Trump [View all]riversedge
(79,563 posts)This does not help the parents with birthing and medical costs==during pregnancy and right after. .
From Google just now"
The "baby bonus" that President Trump promised is a one-time
$1,000 government contribution to a new, specialized investment account for eligible newborns, known as a "Trump Account".
This initiative was signed into law as part of the "One Big Beautiful Bill Act" (OBBBA) in July 2025 and is intended to provide a long-term financial head start for children.
Key Details of the Trump Accounts Program
Eligibility: The $1,000 contribution is available for U.S. citizens born between January 1, 2025, and December 31, 2028, who have a valid Social Security number.
Account Function: The funds are invested in low-cost U.S. stock index funds and grow tax-deferred. The account generally functions like a traditional Individual Retirement Account (IRA) after the child turns 18.
Access to Funds: The money generally cannot be withdrawn until the child reaches age 18. After that, withdrawals for qualifying expenses such as education, a first-time home purchase, or starting a small business may avoid an early withdrawal penalty, though they are still taxed as ordinary income.