Trump Account signups now total more than 6 million, but millions more children are eligible
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Artistgndphotography | E+ | Getty Images More than 6 million American children have been signed up for Trump Accounts , according to a new mid-June tally from the U.S. Department of the Treasury. …
Artistgndphotography | E+ | Getty Images More than 6 million American children have been signed up for Trump Accounts , according to a new mid-June tally from the U.S. Department of the Treasury. In the lead-up to the official launch on July 4, a growing number of parents and guardians have opened an account for a beneficiary by filling out IRS Form 4547 with their 2025 tax return or on TrumpAccounts.gov , but many more are still eligible. According to the Census Bureau , in 2024, a quarter of U.S. households had at least one child under 18 years old. Altogether, there were roughly 73.1 million children under age 18 nationwide that year, which means millions more children could still take advantage of the new tax-deferred investing accounts .
Original source: CNBC Top News