Trump announces 'historic' enrollment of 70 million children into Trump Accounts

President Donald Trump announced the enrollment of 70 million children into 'Trump Accounts,' a personal investment program intended to bolster future financial security for younger Americans. Following an initial opt-in period that began on July 4, 2026, the Treasury Department transitioned to automatic enrollment on October 1, adding 60 million children to the 10 million already enrolled. The program features a one-time $1,000 seed contribution for children born between 2025 and 2028, with funding supported by the federal government and private contributions from corporations and philanthropists. Funds are restricted to specific uses, such as higher education or home purchases, once the child reaches age 18.

President Donald Trump announced the enrollment of 70 million children into 'Trump Accounts,' a personal investment program intended to bolster future financial security for younger Americans. Following an initial opt-in period that began on July 4, 2026, the Treasury Department transitioned to automatic enrollment on October 1, adding 60 million children to the 10 million already enrolled. The program features a one-time $1,000 seed contribution for children born between 2025 and 2028, with funding supported by the federal government and private contributions from corporations and philanthropists. Funds are restricted to specific uses, such as higher education or home purchases, once the child reaches age 18.