President celebrates automatic enrollment of 70 million Trump Accounts for children
- On Wednesday, President Donald Trump held an Oval Office event celebrating the automatic enrollment of roughly 70 million American children in "Trump Accounts," urging parents to claim the new investment vehicles.
- Republicans' Big Beautiful Bill created these tax-advantaged brokerage accounts last year as IRAs, providing a $1,000 government seed payment and $5,000 annual contribution limits for families alongside $2,500 for employers.
- Dell Technologies CEO Michael Dell and Susan Dell donated roughly $6.25 billion to the program, while over 70 companies including Uber, Intel, and Nvidia committed to contributing to employees' children's accounts.
- Parents must claim accounts before managing funds or receiving private contributions, which supplement the $1,000 federal seed payment. To qualify, beneficiaries must be born between Jan. 1, 2025, and Dec. 31, 2028, with 80% of accounts linked to families earning less than $200,000.
- "If all goes well, they'll end up being quite rich by the time they're 18," Trump said, describing the initiative as enabling the next generation to benefit from a booming economy.
126 Articles
126 Articles
What to know about Trump Accounts and automatic enrollment - WXXV News 25
By ADRIANA MORGA and WYATTE GRANTHAM-PHILIPS NEW YORK (AP) — Whether you realize it or not, your child may be enrolled in a “Trump Account.” Rolled out earlier this year, the Trump Accounts program allows parents to claim special investment accounts for children who are 18 years old or younger. And some babies and newborns are eligible to receive a...
60 Million Kids Auto-Enrolled in Trump Accounts: What Parents Should Know
President Donald Trump speaks about "Trump Accounts," investment savings accounts for children, in the Oval Office in the White House in Washington, D.C. on October 7, 2026. —Alex Wroblewski—AFP/Getty ImagesSixty million American children were automatically enrolled into “Trump Accounts” on Oct. 1, President Donald Trump announced.Roughly 10 million of the investment accounts for kids have also been created by parents or guardians following the …
Find out who can get the $1000 from the Trump accounts for children in the U.S. and what families should do to access the contribution.
What to know about Trump Accounts and automatic enrollment – WTOP News
NEW YORK (AP) — Whether you realize it or not, your child may be enrolled in a “Trump Account.” Rolled out earlier this year, the Trump Accounts program allows parents to claim special investment accounts for children who are 18 years old or younger. And some babies and newborns are eligible to receive a one-time...
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