Trump Accounts will auto-enroll children, potentially adding 60 million accounts: Treasury

The U.S. Department of the Treasury said Trump Accounts will begin auto-enrolling millions of children as early as Oct. 1, according to temporary regulations published Tuesday. The change could increase the number of children enrolled in Trump Accounts in 2026 by more than 60 million, the guidance said. In future years, the regulations could boost enrollment by about two million accounts a year. So far, 7 to 8 million American children have been signed up for Trump Accounts, and "we anticipate within a month we will have 70 million because we will go to auto-enroll," Treasury Secretary Scott Bessent said Sept. 15 at a hearing held by the House Financial Services Committee .