Major changes in the US tax system following the OBBBA (One Big Beautiful Bill Act) and the 2025 Tax Act
Major changes in the US tax system following the OBBBA (One Big Beautiful Bill Act) and the 2025 Tax Act
04.11.2025
The One Big Beautiful Bill Act (OBBBA), signed by Trump in July 2025, radically revamps US tax policy, extending the provisions of TCJA-2017 and introducing new deductions, credits, and expenses.
TCJA-2017 and introducing new deductions, credits, and expenses.
$1,000 to get your little one started as early as 2025!
What is a Trump Account? A Trump Account is a unique investment savings account designed specifically for newborns. It is launched for children born between 2025 and 2029 and immediately gives them a powerful boost toward financial independence. The main feature: when you open an account, the government automatically credits it with $1,000 — it’s like a gift for the future!
Who is eligible for this bonus? If your child was born between January 1, 2025, and the end of 2028, you are fully entitled to this $1,000 when you open the account. This is a great opportunity to lay the foundation for your child’s financial well-being from the very first days of their life.
How do investments work until the child reaches adulthood? Until the child turns 18, all funds in the account will be placed in inexpensive, reliable assets. This guarantees low management costs and steady capital growth without unnecessary risks.
When can the funds be used? Withdrawals are only permitted after the child turns 18. This approach turns the account into a real “safety net” that will help the child take a confident step into adulthood — for education, housing, or other important goals.
Who can add funds to the account? Not only parents, but also the child’s employer (or even other relatives) can add funds to accelerate the growth of savings.
Contribution limits:
Parents: maximum $5,000 per year.
Employer: up to $2,500 per year (with annual inflation indexation starting in 2027).
From the government: $1,000 starting bonus upon opening the account, plus potential bonuses in the future if the initiative expands.
Major changes in the US tax system following the OBBBA (One Big Beautiful Bill Act) and the 2025 Tax Act
The One Big Beautiful Bill Act (OBBBA), signed by Trump in July 2025, radically revamps US tax policy, extending the provisions of TCJA-2017 and introducing new deductions, credits, and expenses.
TCJA-2017 and introducing new deductions, credits, and expenses.
$1,000 to get your little one started as early as 2025!
What is a Trump Account? A Trump Account is a unique investment savings account designed specifically for newborns. It is launched for children born between 2025 and 2029 and immediately gives them a powerful boost toward financial independence. The main feature: when you open an account, the government automatically credits it with $1,000 — it’s like a gift for the future!
Who is eligible for this bonus? If your child was born between January 1, 2025, and the end of 2028, you are fully entitled to this $1,000 when you open the account. This is a great opportunity to lay the foundation for your child’s financial well-being from the very first days of their life.
How do investments work until the child reaches adulthood? Until the child turns 18, all funds in the account will be placed in inexpensive, reliable assets. This guarantees low management costs and steady capital growth without unnecessary risks.
When can the funds be used? Withdrawals are only permitted after the child turns 18. This approach turns the account into a real “safety net” that will help the child take a confident step into adulthood — for education, housing, or other important goals.
Who can add funds to the account? Not only parents, but also the child’s employer (or even other relatives) can add funds to accelerate the growth of savings.
Contribution limits:
Recent posts