Posted on 10/08/2026 2:31:10 PM PDT by Dan in Wichita
President Donald Trump announced on Wednesday that roughly 70 million American children under the age of 18 are now automatically enrolled in “Trump Accounts,” expanding access to the federal government’s investment initiative aimed at building long-term wealth for the next generation.
The completion of the larger auto-enrollment rollout is a significant shift from the program’s original setup, which relied on parents actively filing paperwork to register their children.
The transition to automatic enrollment follows new Treasury Department and Internal Revenue Service guidance designed to streamline access and maximize participation nationwide. Under previous rules, parents or legal guardians were required to submit IRS Form 4547 through the dedicated mobile app to open an account.
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Michael Dell donated $6.25 billion to this program to get it rolling.
Thanks for posting. For the children BUMP!
Dell made billions offshoring to China and undercutting US workers . He’s trying to make up for it?
“Trump: 70M American children under 18 now automatically enrolled in ‘Trump Accounts,’ expanding access to govt. investment initiative”. I will soon have five grandchildren who will qualify so good.
I wish the disaffected byedone youth could have some coherence of how great and enormously helpful DJT is to Americans in every walk of life.
So this is another privacy thing you have to opt out of instead of opt in?
Unconscionable the MSM refusal to promote this. Of course, I expect a different approach after the election.
If you don’t want your kid to have the $1000 Trump account, you can opt out.
Question is, why don’t we have to opt in?
Just think all ignorant getto trash of all races getting this for their new babies. This might actually get them to do a little research and learn something productive for their lives.
How many anchor babies included in that number?
How were kids automatically enrolled?
Can those records be used to catch illegals?
Imagine all the fake enrollees.
Seems more than a bit snoopy.
Plus I don’t like the very restrictive limits on how to spend it.
The $1000 is only for 0 to 2yr. olds.
My first grandson was born a few days ago. It’s great that in 20 years, he’ll have a nice lump start. If he’s smart, he’ll keep it invested and really grow it.
When we got married, my wife quit her job and got a check for $1200 from a retirement fund she didn’t even know existed. We invested it. 35 years later, it was worth $40,000. We used most of it to fund her cancer treatments.
Back in 1985 I spent $3000 for an investment that went nowhere. If I had put that same $3000 in an S&P 500 Index fund and reinvested the dividends, it would be worth $283K today.
https://ofdollarsanddata.com/sp500-calculator/
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