Tens of millions of children will be automatically enrolled in the government’s new Trump Accounts as soon as this week, the Treasury Department said as part of temporary regulations published Tuesday.
Previously, parents or guardians had to sign their children up for the investment account. But the shift to automatic enrollment, which could come as early as Wednesday, may increase the number of kids under 18 with Trump Accounts to over 60 million by the end of the year, according to the Treasury Department.
