Millions of Children Set with Trump Accounts

Millions of Children Set with Trump Accounts

Data reviewed by the Washington Examiner shows that parents of more than four million children have set up Trump accounts while filing their 2025 taxes. According to the data, a total of 4,031,827 children were listed on Form 4547 for 2025. Data also indicates that 983,784 children have qualified for the $1,000 bonus through Form 4547. Discussing the Trump Accounts in January, Treasury Secretary Scott Bessent said the accounts are among the “mos…