Treasury Announces Trump Account Automatic Enrollment Completion

The Department of Treasury has announced the completion of automatic enrollment for Trump accounts, indicating that every eligible child under the age of 18 with a valid Social Security number (SSN) now has a Trump account. Parents and guardians are instructed to download the Trump Accounts app to claim and manage the child's account and allow for family members, friends, and employers to contribute. Eligible children (U.S. citizens with a valid SSN born during 2025-2028) must also have their account claimed to receive the one-time $1,000 seed contribution from Treasury. A House Committee on Ways and Means press release indicates that 73 million children will be enrolled due to automatic enrollment procedures.