The Brief
- President Donald Trump highlighted the rollout of Trump Accounts at the Oval Office, with about 70 million eligible children under 18 now automatically enrolled.
- Parents and guardians must claim their child’s account before they can manage it, while Michael and Susan Dell are providing $6.25 billion to support contributions for millions of children.
- The accounts are designed for long-term savings, with some eligible children receiving a $1,000 federal contribution and withdrawals generally blocked until age 18.
