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Over 60 million children auto-enrolled in Trump Accounts, Treasury says
Original: Trump Accounts have auto-enrolled more than 60 million children, Treasury says
The US Treasury says more than 60 million children have been automatically enrolled in the new Trump Accounts, the government-backed savings accounts created under the 2025 tax law. The program, which gives qualifying newborns an initial federal deposit, aims to encourage long-term saving for children. The mass enrollment makes it one of the largest children's savings initiatives ever launched in the United States, and officials are expected to detail further rollout plans soon.
Why now: The scale of automatic enrollment, affecting tens of millions of families, is newly announced and surprising
US TreasuryDonald TrumpTrump Accounts
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