The US Treasury Department will automatically open Trump accounts for millions of children
2026-10-01 00:46:05
According to CoinMeta, the U.S. Treasury Department and the Internal Revenue Service (IRS) are pushing forward with a major expansion, planning to automatically create Trump accounts for millions of eligible children. This temporary regulation allows the Treasury Secretary to create accounts for eligible children without the need for parents or other authorized individuals to apply first. The Treasury Department estimates that this regulation will affect about 73 million children, and it is expected that by 2026, more than 60 million children will have Trump accounts. Under the new structure, the Treasury Department will create a separate account for each eligible child, with assets being invested collectively through a master trust, while maintaining a separate record for each child's account.
Source:Internet
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