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Treasury Automatically Enrolls 73 Million Children in Accounts

By Drooid · Oct 3, 2026, 2:31 PM UTC · How we work

Summary

Story summary

The U.S. Treasury automatically enrolled eligible children under 18 with Social Security numbers in Trump Accounts on Oct 1, 2026.
The $1,000 seed deposit stays locked until a parent claims the account and opts in.
Treasury estimates the automatic enrollment now covers about 73 million children in 44 million families.
Employers may contribute up to $2,500 per employee annually tax-free, with family and friends allowed to give $5,000.

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Story summary

The U.S. Treasury automatically enrolled eligible children under 18 with Social Security numbers in Trump Accounts on Oct 1, 2026.
The $1,000 seed deposit stays locked until a parent claims the account and opts in.
Treasury estimates the automatic enrollment now covers about 73 million children in 44 million families.
Employers may contribute up to $2,500 per employee annually tax-free, with family and friends allowed to give $5,000.