Trump Accounts Reach 70 Million Children as Auto-Enrollment Completes
The Trump administration has completed the automatic enrollment of 70 million U.S. children under 18 into the Trump Accounts investment program. While the Treasury Department created 60 million new accounts on Oct. 1, parents must still manually claim them to access funds. The program includes a $1,000 federal seed contribution for children born between 2025 and 2028, alongside private donations from corporations and philanthropists. Critics warn that take-up rates may remain low despite the shift from voluntary opt-in to mandatory enrollment, while some Democrats have praised the initiative as a smart policy.
