Trump Accounts: 60 Million Children Auto-Enrolled In Trump Accounts As Treasury Calls It A Historic Milestone In Child Wealth Building
India, Oct. 7 -- The United States Treasury Department announced on 1 October 2026 that it had completed the automatic enrolment of more than 60 million American children into Trump Accounts - tax-advantaged investment accounts created under the landmark One Big Beautiful Bill Act - in what officials described as the largest single expansion of child wealth-building infrastructure in the country's history.
Treasury Secretary Scott Bessent said the completion of automatic enrolment marked a transformative milestone. "Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed," Bessent said in a statement. "This is a transformative ...
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