The government wants to give you $1,000 free for your kid

The government is giving your kids free money 👶💰 Trump Accounts are new tax-advantaged investment accounts for children under 18. Here’s what you need to know: 👉$1,000 one-time deposit for kids born Jan 1, 2025 – Dec 31, 2028 👉$250 bonus for kids age 10 and under in zip codes with median household income under $150K How it works: 👉 Invested in low-cost U.S. stock index funds 👉 Family, friends & employers can contribute up to $5,000/year 👉 No withdrawals until age 18, then it converts to a traditional IRA 👉 Grows tax-deferred The math: If you open it at birth and max it out annually, you’d put in $90K total — growing to ~$202K by age 18. Leave it untouched and it could be worth $7.5M by retirement. How to open one: 1️⃣ File IRS Form 4547 with your 2025 tax return (easiest way to start now) 2️⃣Or wait for the online portal at trumpaccounts.gov launching mid-2026 Actual contributions don’t begin until July 5, 2026 — but file the form now Follow me for updates as more details roll out 🙏 🌟 Free Templates and Resources: https://beacons.ai/humphreytalks/downloads 👾 Join the free Discord Community: https://discord.gg/xJzsaGaaDE 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com WHO AM I? Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth. PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel! SOCIALS: * Second Channel: https://youtube.com/@hug * Instagram: https://instagram.com/humphreytalks * Twitter: https://twitter.com/humphreytalks * TikTok: https://tiktok.com/@humphreytalks ⏱️ Timestamps: 0:00 - Start Here