The U.S. Department of the Treasury announced on October 1, 2026, that automatic enrollment for Trump Accounts is complete, 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. Treasury said 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."
With automatic enrollment complete, every eligible child under eighteen with a valid Social Security number now has a Trump Account. A parent or guardian must claim the child's account to manage it and to allow family members, friends, and employers to contribute.
To claim an account, a parent or guardian downloads the official Trump Accounts app, available for iOS and Android. During the claiming process, they verify their identity and relationship to the child, review the child's information, and accept the account terms.
Eligible children must also have their Trump Account claimed to receive the one-time $1,000 seed contribution from Treasury. More information is available at TrumpAccounts.gov.