Tag: tax_advantaged_investment_accounts

Treasury Completes Automatic Enrollment for Trump Accounts, Opening Path for 60 Million More Children

1 Oct 2026 11:36 a.m. · Source: US Treasury

Treasury says automatic enrollment for Trump Accounts is complete, giving every eligible child under 18 with a Social Security number an account that parents must claim to unlock a $1,000 seed contribution.

Politics and Government Business USA Federal Government Economy Banking Social Issues Trump Accounts U.S. Department of the Treasury Scott Bessent automatic enrollment tax-advantaged investment accounts Social Security number philanthropic contributions US Treasury