Marketplace All-in-One What you need to know about those 'Trump Accounts'
Jan 29, 2026
Nancy Marshall-Genzer, Marketplace reporter covering Latino-owned business trends. Diane Swank, KPMG chief economist analyzing Fed moves and inflation risks. Carla Javier, Marketplace reporter explaining the new 'Trump accounts' policy. They discuss the $1,000 newborn accounts, enrollment barriers for low-income families, long-term wealth building potential, Fed rate pause and inflation concerns, and lending challenges for Latino entrepreneurs.
AI Snips
Chapters
Transcript
Episode notes
Universal $1,000 Newborn Accounts
- Trump accounts will give every newborn $1,000 from the federal government between 2025 and 2028 if families opt in.
- The accounts can attract additional contributions and act as long-term wealth reservoirs for participating families.
Opt-In Enrollment Limits Reach
- The program uses an opt-in process via tax filings or a government portal rather than automatic enrollment.
- That design risks lower take-up among low-income families who don't file taxes or miss the portal outreach.
Activate Multiple Funding Streams
- Encourage philanthropy, employers, states, and families to contribute to Trump accounts to maximize their benefit.
- Use tax-deferred investment features to grow infant savings over time for future wealth building.