Trump Accounts present newborns in the United States born between Jan. 1, 2025, and Dec. 31, 2028, with a $1,000 tax-deferred investment account that allows yearly contributions of up to $5,000 and can be accessed once they turn 18.

Since the first retired-worker benefit was mailed in January 1940, Social Security has been providing a financial foundation for aging workers who could no longer do so for themse