President celebrates automatic enrollment of 70 million Trump Accounts for children
The Treasury said parents must still claim the accounts before managing them, and more than $4.5 billion has been deposited since the program began, officials said.
- 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.
38 Articles
38 Articles
Trump Puts 70 Million Kids in Trump Accounts
“President Donald Trump on Wednesday hailed what he called the ‘historic’ enrollment of 70 million American children into his Trump Accounts, calling them ‘a step to ensure every American child has a fair shot at the American Dream,'” ABC News reports.
BREAKING: Trump Accounts Go AUTOMATIC — 70 Million American Kids Enrolled Without Lifting a Finger
President Trump announced Wednesday that every American child under 18 will now receive an automatic tax-free investment account, a major expansion of the Trump Accounts program created under the One Big Beautiful Bill.
Trump auto-enrolls 10s of millions in child investment accounts • Maine Morning Star
WASHINGTON — Every child in the United States with a valid Social Security number is now enrolled in a tax-advantaged investment account, titled a “Trump Account,” President Donald Trump announced Wednesday. Parents must claim the accounts by downloading a Trump Account mobile app. Children born from 2025 through 2028 will automatically receive a one-time deposit […]
Trump auto-enrolls 10s of millions in child investment accounts • Washington State Standard
President Donald Trump speaks at Wheeler High School near Marietta, Georgia, on July 22, 2026. Trump spoke about Trump accounts for children and railed against his political opponents. (Photo by Ross Williams/Georgia Recorder)WASHINGTON — Every child in the United States with a valid Social Security number is now enrolled in a tax-advantaged investment account, titled a “Trump Account,” President Donald Trump announced Wednesday. Parents must cl…
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