In President Donald Trump’s “One Big Beautiful Bill Act,” the federal government introduced a new way to invest for children’s futures: the Trump Account. If you didn’t sign up for an account when filing your taxes this year, you can now open and fund one through TrumpAccounts.gov, whose sign-up process went live on July 4, 2026. However, you might be wondering: How does it work? And is it a superior replacement for existing investment vehicles?
https://www.nerdwallet.com/investing/learn/1000-trump-accounts