70-Million American Children Enrolled in Trump Accounts
Headline from WZMQ Marquette, on the newest of 2 developments
WASHINGTON, D.C. - On Wednesday President Donald Trump announced 70-million American children have been enrolled into his Trump Accounts. It's an initiative the administration launched that is essentially starter individual retirement accounts.
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By Jeanne Sahadi, CNN (CNN) — The Treasury Department announced on October 1 that it had automatically enrolled all eligible children for Trump Accounts, the new federal savings and investment vehicle for kids that went live on July 4.
President Trump is set to announce Wednesday that automatic enrollment is live for his signature Trump Accounts initiative, expanding access to the savings accounts for children across the country. The White House says nearly 70 million accounts have already been created, with the majority opened vi…
President Donald Trump has announced that all Americans under age 18 are being automatically enrolled in Trump Accounts, which are set up by the government to invest in stocks. Parents and legal guardians need formally claim the accounts by using the program’s website or mobile phone app.
President Trump announced the completion of automatic enrollment for all children under the age of 18 into a Trump Account, his signature savings accounts for youth. “Since launching in July, nearly 8 million accounts have been created in three months,” the president said.
Every eligible child under 18 with a valid Social Security number now has a Trump Account, though parents or guardians must claim the accounts to access contributions.
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 “watc…
President Donald Trump is expanding Trump Accounts by more than 70 million, an increase from the 8 million opened since July. Trump Accounts are tax-deferred investment savings accounts designed to provide children with financial investments.
As nearly every American child is now auto-enrolled in an investment account, the president and his allies treat seeding their economic future like an earnings call.
Trump celebrated the automatic creation of roughly 70 million children’s investment accounts, backed by federal payments for certain beneficiaries, private donations and contributions from families and employers. Parents must still claim the accounts before managing them.
WASHINGTON, D.C. - On Wednesday President Donald Trump announced 70-million American children have been enrolled into his Trump Accounts. It's an initiative the administration launched that is essentially starter individual retirement accounts.
President Trump touted his administration’s investment accounts for children on Wednesday, as millions of American kids will now be automatically enrolled in the program. Flanked by administration officials, business leaders and Sen.
Your child may be enrolled in a "Trump Account" whether you realize it or not. Rolled out earlier this year, the Trump Accounts program allows parents to claim special investment accounts for children who are 18 years old or younger.
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70-Million American Children Enrolled in Trump Accounts | Since Then
