Trump Accounts Enroll Children

The administration says it has automatically created Trump Accounts for about 70 million eligible U.S. children under 18 with valid Social Security numbers. Michael and Susan Dell pledged about $6.25 billion to provide $250 to 25 million children’s accounts, with deposits expected by week’s end. The accounts were created under the 2025 tax law as investment accounts meant to help children build savings, generally accessible at age 18. Trump promoted them as a path to wealth and said ownership could reduce support for socialism and communism. Parents and guardians still must claim accounts through the program’s app or website before managing them or arranging contributions.