President celebrates automatic enrollment of 70 million Trump Accounts for children
Treasury said every eligible child now has an account, and Michael and Susan Dell donated about $6.25 billion to fund 25 million of them.
- On Wednesday, President Donald Trump held an Oval Office event celebrating the automatic enrollment of roughly 70 million American children in "Trump Accounts," urging parents to claim the new investment vehicles.
- Republicans' Big Beautiful Bill created these tax-advantaged brokerage accounts last year as IRAs, providing a $1,000 government seed payment and $5,000 annual contribution limits for families alongside $2,500 for employers.
- Dell Technologies CEO Michael Dell and Susan Dell donated roughly $6.25 billion to the program, while over 70 companies including Uber, Intel, and Nvidia committed to contributing to employees' children's accounts.
- Parents must claim accounts before managing funds or receiving private contributions, which supplement the $1,000 federal seed payment. To qualify, beneficiaries must be born between Jan. 1, 2025, and Dec. 31, 2028, with 80% of accounts linked to families earning less than $200,000.
- "If all goes well, they'll end up being quite rich by the time they're 18," Trump said, describing the initiative as enabling the next generation to benefit from a booming economy.
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Photo: Trump Makes Oval Office Announcement on Trump Accounts - WASP20261007113
President Donald Trump makes an announcement in the Oval Office at the White House in Washington, DC on Wednesday, Oct. 7, 2026. President Trump announced that automatic enrollment for children born between 2025 and 2028 into "Trump Accounts" is now active. Photo by Annabelle Gordon/UPI
President Donald Trump Holds an Oval Office Press Conference
Following announcements to update on the status of “Trump Accounts” for American youth, President Trump took questions from the media. Media questions begin at 22:38 of the video below. The question topics included: AG Garland & DOJ weaponization, Russia plague a bioweapon? Trump Accounts & capitalism Mr. & Mrs. Dell & Trump Accounts (Dells respond), […]
Trump predicts ‘Trump Accounts’ will limit spread of socialism, communism
President Trump said Wednesday his administration’s new investment accounts for children will have a “huge effect” in reducing positive views of socialism and communism among young Americans. During an event in the Oval Office promoting the “Trump Accounts,” the president said children will be “watching their accounts” grow until gaining control over them upon turning 18.
Trump announces automatic enrollment complete for 70 million Trump Accounts
WASHINGTON — President Donald Trump said Wednesday that every eligible minor child in America has been automatically enrolled in a Trump Account, calling the step a landmark expansion of private ownership for the next generation. “Today, I’m pleased to announce that every single eligible minor child in America has now been automatically enrolled in a… The post Trump announces automatic enrollment complete for 70 million Trump Accounts appeared f…
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