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‘Big Beautiful Bill’ Alert for New American Parents: Your Baby Just Got $1000

A lesser-known provision of the One Big Beautiful Bill passed earlier this month is the so-called $1,000 Trump Accounts for newborns. Axios reported that the provision was first floated by venture capitalist Brad Gerstner 18 months ago. "The bill creates a new class of investment account in the tax code....

A lesser-known provision of the One Big Beautiful Bill passed earlier this month is the so-called $1,000 Trump Accounts for newborns. Axios reported that the provision was first floated by venture capitalist Brad Gerstner 18 months ago. “The bill creates a new class of investment account in the tax code….

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