Treasury Secretary Scott Bessent unveiled a groundbreaking initiative on December 17, 2025, aimed at putting the American Dream within reach of every citizen from birth. The program, called “Trump Accounts,” seeds a $1,000 deposit into an investment account for every newborn in the United States, with the funds projected to grow to more than $600,000 by the age of retirement.

“A single $1,000 deposit into a Trump Account at birth will grow to over $600,000 by the age of retirement,” Bessent said. “Trump is putting the American Dream within reach of every citizen, no matter the circumstances of birth.” The projections are based on historical performance of the S&P 500 index, which has averaged a 10.5 percent annual return over past decades.

The initiative allows parents, family members, or philanthropic organizations to contribute up to $5,000 per child, boosting the account’s long-term potential. High-profile supporters, including billionaire investor Ray Dalio, have pledged contributions to ensure broader accessibility and maximize the impact of the program.

The Trump Accounts program also includes a dedicated website where families can track growth, monitor contributions, and access educational resources about investing. Treasury officials emphasize that the initiative encourages early financial literacy while providing a tangible foundation for future economic security.

Analysts note that the plan represents a historic step in promoting wealth-building from birth, particularly for families who may otherwise lack access to long-term investment opportunities. By leveraging the power of compound growth and historical market performance, Trump Accounts aim to create generational wealth and broaden economic opportunity for all Americans.

Supporters hail the program as a signature policy achievement of the Trump administration, combining fiscal innovation, social mobility, and market-driven growth. The Treasury projects that, if widely adopted, Trump Accounts could dramatically reduce economic inequality and empower Americans to achieve retirement security from the earliest possible age.