Treasury Auto-Enrolls 60 Million Children in Trump Accounts, but Claiming Funds Still Requires Action
The U.S. Treasury has automatically created over 60 million Trump Accounts for eligible children, a shift from the previous opt-in system that saw low participation. While the accounts are now active, families must still manually claim them to receive the $1,000 federal seed contribution and private donations. The move aims to boost equity and participation, particularly among lower-income households, but experts warn that take-up rates may remain low without active engagement.
