Babies will get their $1,000 'Trump accounts' in 2026 – along with tax complications

Babies will start getting their $1,000 Trump accounts in 2026, but contributors may only get a big tax headache, experts said ...
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$1,000 Trump accounts for newborns come with IRS gift tax traps

Could a $25 gift to a newborn trigger an IRS filing requirement? For families planning to take advantage of the new Trump ...