India, Dec. 3 -- Newly-born between 2025 and 2028 may return home with a $1,000 initial boost from the government due to an initiative called "Trump Accounts," which were introduced as a component of the One Big Beautiful Bill that President Donald Trump enacted in July 2025. The purpose of these accounts set to be launched next year is to assist families in establishing long-term financial security by providing children with an early advantage in future investment growth.

The one-time payments are designed to serve as a savings tool that parents can enroll their children in, provided the children possess Social Security numbers. If parents fully utilize their contribution limits and refrain from withdrawing the funds, the White House's ...