ET 10:59

Over 67 Million US Children Missing Out on Free Money From ‘Trump Accounts’ as Enrollment Lags

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Nearly 6 million American children have opened “Trump accounts,” a tax-advantaged savings program, but more than 67 million eligible kids remain unenrolled, forfeiting government-matched contributions, as of May 29, 2026. The initiative allows tax-free growth and matching deposits for education or first-home purchases. With 73 million children eligible, the low uptake leaves billions in fiscal outlays unclaimed. Early enrollees benefit from compounding on the matched funds, while latecomers miss years of potential gains. The program requires parents or guardians to open accounts, and the White House has urged wider participation to boost household savings.

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