Almost every baby born in America would get a $1,000 tax-deferred investment account under the proposed program.

A central piece of the "One Big Beautiful Bill," introduced by President Trump and now moving through Congress, proposes a $1 ...

How ‘MAGA Accounts’ With $1,000 Savings for Babies Would Work. ... Several states, including Connecticut, have set up baby bond programs or are in the process of doing so.

Back in 2006, then-Sen. Jeff Sessions (R-Ala.) introduced a Portable Lifelong Universal Savings Account — a PLUS Account — modeled after the federal thrift savings plan, with an initial $1,000 ...