WASHINGTON, Oct. 1 -- The U.S. Department of the Treasury issued the following news release:
Today, the U.S. Department of the Treasury announced the completion of automatic enrollment for Trump Accounts, expanding access and creating a pathway for philanthropic contributions to invest in the financial futures of millions of American children.
Trump Accounts are tax-advantaged investment accounts for American children under the age of eighteen. Claiming a child's account is a powerful step toward building lifelong financial security.
"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," said Treasury Secretary Scott Bessen...