All children born between 2025 and 2028 will reap a baby shower gift from Congress and President Donald Trump: a $1,000 deposit into a “Trump Account.”

Think of " Trump Accounts " as seed money to encourage children and families to save and build wealth for the many expenses of adulthood.

“It’s an IRA for kids,” said Evan Morgan , a principal in the tax advisory group at Kaufman Rossin, an accounting and advisory firm, who spoke to USA TODAY in August.

Trump Accounts are part of the tax and spending package signed into law this summer by President Trump . They join a crowded field of tax-advantaged savings plans that help Americans navigate the costs of education, health care and retirement, among other things.

What’s unusual in this case is that the accounts start at birth, a

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