Fact-check · Oct 7, 2026 · Donald Trump
“For babies born in 2026, if you make the maximum contribution, the baby could have about $1,100,000 by the time they're twenty twenty eight”
TRUESaid in 3 broadcasts
What the record shows
Council of Economic Advisers estimates $1,091,900 by age 28 for a child born in 2026 with maximum contributions, under medium-returns scenario (average historical S&P 500 returns).
Speaker's figure of 'about $1,100,000' matches CEA's published estimate of $1,091,900 within normal rounding. This is the official CEA projection cited in Treasury documents and White House analysis.
Sources
- ‘Trump accounts’ of $1,000 now available for babies
- How much could Trump account balances grow over time?
- Trump Accounts: The Defining Policy of America’s 250th Anniversary
- Trump accounts could grow to $50,000 or 'very substantially more,' president says. Advisors weigh in
- Your child may have been automatically enrolled for a Trump account: What to know
- The government just launched Trump Accounts. Here’s who gets the free $1K
From: President Trump Makes an Announcement, Oct. 7, 2026
Every time it was said
Vote Unbiased checks what officials say against government data — BLS, BEA, Census, Treasury, the Fed — with sources cited. Every speaker, every party, same standard. See the data →