The Aporia
Trump celebrates all kids under 18 having a Trump Account — but parents must claim it for financial benefits. (2026, October 7). New York Post. https://nypost.com/2026/10/07/us-news/trump-celebrates-all-kids-under-18-having-trump-account/
“Trump celebrates all kids under 18 having a Trump Account — but parents must claim it for financial benefits.” New York Post, 7 Oct. 2026, https://nypost.com/2026/10/07/us-news/trump-celebrates-all-kids-under-18-having-trump-account/.
“Trump celebrates all kids under 18 having a Trump Account — but parents must claim it for financial benefits.” New York Post, October 7, 2026. https://nypost.com/2026/10/07/us-news/trump-celebrates-all-kids-under-18-having-trump-account/.
Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.
President Trump announced the automatic enrollment of 70 million American children under age 18 into his signature savings accounts called "Trump Accounts." The enrollment was completed as of October 1, adding another 60 million to the initial 10 million already enrolled by parents since July 4. Since the launch, over $4.5 billion has been deposited into these accounts, including $1.3 billion in federal seed money and $2.6 billion from philanthropists Michael and Susan Dell. However, a child must be claimed by a parent or guardian to manage it and receive benefits like the one-time federal deposit of $1,000 for those born between January 1, 2025, and December 31, 2028. Trump claims these accounts will help children build long-term wealth and improve their chances at education and financial stability.