March 13, 2026

A new investment account called a Trump Account is generating a lot of questions from parents and grandparents across the country.

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Created under the “Big Beautiful Bill Act,” this new account allows families to invest money for a child’s future while potentially receiving a $1,000 government seed contribution.

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In this interview, Lakewater Advisory founder Dan Bennett explains how these accounts work, who qualifies, and when families will be able to open one.

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Here’s what you need to know:

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• Children under age 18 can have an account opened on their behalf

• Kids born between 2025 and 2028 may qualify for a $1,000 government contribution

• Families can contribute up to $5,000 per year per child

• The accounts officially become available July 5, 2026

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Unlike 529 college savings plans, Trump Accounts are designed as general investment accounts for a child’s future, allowing families to potentially benefit from long-term compounding over decades.

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In this video we cover:

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• What Trump Accounts are

• Who qualifies for the $1,000 government deposit

• Contribution limits and rules

• How these accounts differ from 529 plans

• Why starting early could make a huge difference through compound growth

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If you’re a parent, grandparent, or someone interested in building wealth for the next generation, this is something worth keeping on your radar.

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