More than 5 million children have been enrolled in Trump Accounts as of Tax Day, Treasury Secretary Scott Bessent announced Wednesday, with the primary enrollment method being the newly introduced IRS Form 4547 filed alongside a standard tax return.
Data reviewed by the Washington Examiner shows that parents of more than four million children have set up Trump accounts while filing their 2025 taxes.
Trump Accounts enrollment surged to roughly 1 million sign-ups this week, according to Treasury Secretary Scott Bessent, following a high-profile White House summit featuring President Donald Trump and rapper Nicki Minaj.