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Treasury begins auto-enrolling 60 million children in Trump Accounts
Original: Treasury is auto-enrolling 60 million children in Trump Accounts starting this week
The US Treasury Department is starting automatic enrollment of roughly 60 million children into so-called Trump Accounts this week. The program, created under legislation backed by President Trump, will open government-seeded investment accounts for eligible minors unless families opt out. The mass rollout is drawing attention for its scale and for questions about how parents will be notified and how the accounts will be managed.
Why now: The rollout of a major new children's savings program affecting tens of millions of families is beginning now.
US Treasury DepartmentDonald TrumpTrump Accounts
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