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Treasury to Auto-Enroll 60 Million Children in Trump Accounts
Original: Treasury Will Auto-Enroll 60 Million in Trump Accounts https://www.wsj.com/politics/policy/treasury-will-auto-enroll-60-
The US Treasury plans to automatically enroll roughly 60 million children in 'Trump accounts', the new government-backed investment accounts created under legislation championed by President Trump. Under the program, eligible children would receive seed funding for investment accounts intended to build wealth over time, without requiring families to sign up themselves. The scale of the automatic enrollment is drawing attention to how the administration is implementing the savings program and its potential financial impact.
Why now: The Treasury's announcement of mass automatic enrollment marks a major step in rolling out the new Trump accounts program.
Evidence
- Treasury Will Auto-Enroll 60 Million in Trump Accounts https://www.wsj.com/politics/policy/treasury-will-auto-enroll-60-million-in-trump-accounts-a5f82421?mod=rss_markets_main # Finance # Economy # Markets · wsj_markets@robot.villas · 3
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