Law & Liberty: Pronatalism for Freedom-Lovers

If you’re a US citizen expecting a baby in 2026, there’s good news. The Federal government wants to give your child some money.

Starting this year, any US citizen under 18 qualifies for a 530A “Trump Account,” sometimes referred to as a “Kid IRA.” Parents, grandparents, or other loved ones can contribute up to $5000 per year, which will be tax-deferred until the child turns 18. The money will then be available to the child for major life events, such as going to college, buying their first home, or starting a small business. For babies born between 2025 and 2028, there’s a special bonus; the One Big Beautiful Bill Act of 2025provides for a $1,000 gift from the Federal government, deposited as “seed money” for newborns. The goal, ostensibly, is to ensure that every American child, from the day of birth, can “own a piece of the American dream.”