Treasury Announces the Completion of Automatic Enrollment Today for Trump Accounts

WASHINGTON — Today, the U.S. Department of the Treasury announced the completion of automatic enrollment for Trump Accounts, expanding access and creating a pathway for philanthropic contributions to invest in the financial futures of millions of American children. Trump Accounts are tax-advantaged investment accounts for American children under the age of eighteen. Claiming a child’s account is a powerful step toward building lifelong financial security. "Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed,” said Treasury Secretary Scott Bessent. “This is a transformative milestone in the Trump Administration's effort to give every American child the opportunity to build generational wealth and jump-start their financial future.” CLAIMING YOUR CHILD’S AUTOMATICALLY ENROLLED TRUMP ACCOUNTWith automatic enrollment complete, every eligible child under the age of eighteen with a valid Social Security number now has a Trump Account.A parent or guardian must claim the