What parents need to know about automatic enrollment in 'Trump Accounts'


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The U.S. Department of the Treasury shared steps on how a parent or guardian can claim their child's "Trump Account" following automatic enrollment.

WASHINGTON — President Donald Trump announced Wednesday that 70 million children under the age of 18 will now have automatic “Trump Accounts” set up by the government to invest in stocks.

The Trump Accounts program, which was passed under the "One Big Beautiful Bill," allows the U.S. Treasury Department to deposit $1,000 into investment accounts set up by the agency for American children born between Jan. 1, 2025, and Dec. 31, 2028. 

The U.S. Department of the Treasury share...

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