Trump Child Investment Accounts Reach 6 Million, Below 10% of Eligible Children
Updated
Updated · The New York Times · Jul 2
Trump Child Investment Accounts Reach 6 Million, Below 10% of Eligible Children
3 articles · Updated · The New York Times · Jul 2
Summary
More than 6 million children have been signed up for Trump investment accounts ahead of contributions opening Saturday, leaving participation below 10% of eligible Americans under 18.
Only 1.4 million children eligible for the federal $1,000 seed deposit have enrolled so far—about one-quarter of qualifying births since Jan. 1, 2025.
Researchers said weak awareness, resistance to the Trump branding and the need for parents to opt in on a tax form have all held down enrollment.
That opt-in design has fueled concern across the political spectrum that the accounts will skew toward families already investing, rather than broadening market access.
H&R Block said it opened more than 2 million accounts for tax clients; 30% of clients with eligible children enrolled, and uptake hit 99% among those qualifying for the $1,000.