The Invest America Act, also known as the "One Big Beautiful Bill" or "Big Beautiful Bill," has been signed into law by President Donald Trump, establishing a new federal program that provides every American child born between January 1, 2025, and December 31, 2028, with a $1,000 government-funded investment account at birth. These accounts, commonly referred to as "Trump Accounts," will be seeded with $1,000 invested in the S&P 500 index, aiming to promote long-term wealth building through compound growth. The accounts will become active starting July 4, 2026, coinciding with the United States' 250th birthday. Parents and family members can contribute an additional $5,000 annually to these accounts, with up to $2,500 of contributions eligible for tax-free treatment. The funds in the accounts will be tax-deferred until withdrawal. The program is part of a broader tax and spending package intended to support families, including expanded child care tax credits. Financial planners have noted that some parents might prefer existing investment vehicles, but proponents emphasize the initiative as a way to give children a financial head start and foster financial literacy. The program is seen as a pilot effort to create generational wealth and encourage ownership in the nation's economic growth.