How ‘MAGA Accounts’ With $1,000 Savings for Babies Would Work. ... Several states, including Connecticut, have set up baby bond programs or are in the process of doing so.

On the face of it, the so-called “Trump accounts” — which would provide parents of newborns with $1,000 to invest on behalf ...

Almost every baby born in America would get a $1,000 tax-deferred investment account under the proposed program.