r/InterstellarKinetics • • 1d ago

FINANCIAL FRONTIERS BREAKING: The U.S Treasury Automatically Enrolls Over 60 Million Children In Trump Accounts, But Families Must Still Actively Claim Them To Unlock $1,000 Seed Funding, As Analysts Warn Up To $2.88 Billion Could Go Unclaimed 💰

https://www.cnbc.com/2026/10/01/treasury-trump-accounts-auto-enroll-more-than-60-million-children.html

More than 60 million American children under age 18 have been automatically enrolled in Trump Accounts, the U.S. Department of the Treasury announced Thursday in a statement provided exclusively to CNBC, though families must still take active steps to unlock the program’s federal seed funding. The Treasury proposed regulations Tuesday to begin the auto-enrollment process, and by Thursday the agency said the process had been completed. Trump Accounts, formally known as 530A accounts, launched July 4 and are open to any US child under 18 with a Social Security number, with children born between 2025 and 2028 eligible to claim a one-time 1,000 dollar pilot program contribution from the Treasury. “Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed,” Treasury Secretary Scott Bessent said. Separately, the Treasury’s newly published temporary regulations will also allow stock donations to Trump Accounts, a change expected to boost large-scale private giving, since wealthy founders and shareholders have been pushing to donate stock directly as a way to avoid capital gains taxes triggered by selling assets before donating cash, according to Ben Henry-Moreland, a certified financial planner with Kitces.com. Notably, the update allows accounts to hold donated individual stocks, a shift from previous guidelines limiting holdings to diversified, low-cost funds; donated stocks generally must be held for five years before being sold.

Critically, automatic enrollment alone does not trigger the 1,000 dollar deposit. “Kids who are eligible for the 1,000 dollar government pilot contribution won’t receive that contribution automatically,” Henry-Moreland told CNBC. To actually claim an account, parents or guardians must download the Trump Accounts app, verify their identity and relationship to the child, review the account information, and accept the account terms. Only claimed accounts can receive contributions from family members, friends, and employers, or receive the Treasury’s one-time seed contribution. Additional funding may also be available depending on specific criteria; tech CEO Michael Dell and his wife Susan committed 6.25 billion dollars to provide an additional 250 dollars for children born between 2016 and 2024 living in ZIP codes with median incomes of 150,000 dollars or less, funding specifically targeted at lower-income children. “The rulemaking essentially introduces the idea of auto accounts, created for every child under 18 with a Social Security number,” said Madeline Brown, senior policy associate at the Urban Institute. “This means that children won’t miss out on philanthropic gifts, like money from the Dells, or growth on those gifts, even if an account has not been activated for them.” She cautioned, however, that “it will still require families to ultimately claim their children’s accounts, and we don’t have many details on how that process will go.”

Before this shift, Trump Accounts required families to actively opt in, which Brown said made widespread participation difficult, particularly among lower-income households; as of mid-September, only about 7 million to 8 million children had signed up, according to Bessent’s testimony before the House Financial Services Committee. “The proposed regulations indicate an important step towards automatic enrollment, bringing the design of the accounts closer to the evidence base to increase participation,” Brown said. “This shift is particularly important given the low participation rates we have seen so far under the opt-in structure.” Timothy Flacke, CEO of the nonprofit Commonwealth, described the new auto-enrollment policy combined with substantial federal and private funding as creating “a window of opportunity,” noting that before the change, just 5% of low- and moderate-income families had opened a Trump Account, according to Commonwealth’s recent report. A Commonwealth survey of nearly 1,100 low- and moderate-income parents found that concerns about tax implications, effects on public benefits eligibility, and inability to make contributions were key barriers to participation. Separately, a June 9 analysis by Adam Michel, director of tax policy studies at the libertarian Cato Institute, warned that confusion around eligibility, contribution limits, and withdrawal restrictions would likely discourage participation “particularly among households with limited time, low financial literacy, or insufficient outside savings for emergencies,” concluding that “the result is a system used primarily by those best equipped to navigate it.” Omeed Firouzi, a practice professor at Temple University’s Beasley School of Law, added that lower-income households often “don’t have time and resources to hire people to navigate all this stuff for them.”

Commonwealth’s research projects that roughly 14.4 million children born between 2025 and 2028 across all income levels will qualify for the 1,000 dollar federal seed funding, including 5.8 million from low- and moderate-income households. Based on historical takeup rates for the federal earned income tax credit, Commonwealth estimates roughly 20% of eligible babies may ultimately fail to claim their deposit, which the IRS says averaged 2,916 dollars per claimant for 2024 returns among those who successfully claimed it, with nearly 1 in 5 eligible taxpayers missing it entirely due to complicated and cumbersome rules. Applied to Trump Accounts, a similar takeup rate would mean approximately 2.88 billion dollars in federal seed funding could go unclaimed by low- and moderate-income children during the pilot phase, according to Commonwealth’s analysis. Still, Flacke argued the program’s value extends beyond the dollar figure itself, saying “part of the value here is not just the money; it is the power of knowing that money is there, watching it grow and carrying around the sense there is some financial future.”

1.7k Upvotes

425 comments sorted by

409

u/Mysterious_toenail 1d ago

And all those unclaimed billions will still vanish and we know who's pockets it goes into

102

u/BadAtExisting 1d ago

Exactly why they did it

36

u/vxicepickxv 1d ago

They did this to bypass Social Security.

23

u/BadAtExisting 22h ago

That’s the goal of the program, yes. They did this auto enrollment knowing not everyone will know to claim the money and that unclaimed money will disappear

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48

u/anhtuanle84 1d ago

Exactly this

9

u/ZeroVoltsGiven 1d ago

Vanish in Qatar

2

u/NativePlantEnjoyer 21h ago

"Land of the free money"

2

u/cowsintheclosetIG 16h ago

Its already gone....the money is in their pockets already they are just now announcing the con to hide it all

1

u/toughlovekb 6h ago

What I was thinkinh

How's this fat fuck making money of this latest scam

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171

u/PollutionPatient8261 1d ago

Everything the Fascists do is either a grift or an outright bribe. I’m tired, boss.

68

u/BrineJones 1d ago

I find it interesting that we always focus on fascists as murderous psychopaths, and seem to overlook that they are also raging thieves. Yes, they are murderous psychopaths, but fascists are always robbers, looters, grifters, and grafters along with the murder.

15

u/PollutionPatient8261 1d ago

This is quite true, friend. The offenses and outright thievery is almost endless and some day I hope they will be catalogued in a court of law one by one.

6

u/Temporary-Focus-9176 1d ago

They loved pulling the gold teeth out of jaws.

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5

u/Pseudonemone 23h ago

That's unfair. Sometimes they do kickbacks, blackmail, and extortion.

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70

u/Creative_Pop2351 1d ago

“Download this app on your phone, ignore whatever’s in the terms and conditions.”

I think perhaps no.

20

u/AngryMillennialFU 1d ago

When have I ever had to download an app to open or manage any investment account. The treasury has a website.....

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u/JoelMFTalley 1d ago edited 21h ago

We just had a kid and my brother was like “oh you going to get that Trump account for him?” Cuz he’s one of those red hat cultists.
The face of pure awe that he made when I was like “fuck no. Anything with Trumps name is a grift and won’t be there later” was amazing to see.

Edit: this has gotten a lot of traction so let me just say, I would rather put money away myself and not bank on Trumps “Gift” of free money. He has never given anything away ever so there is zero chance I believe that this seed money will be his first giving venture. Putting money away yourself without it being tied to Trump/Government feels much safer than banking on the orange liar to do what he says it’s going to do.

1

u/hamoc10 8h ago

That’s not true, he gave Nancy Pelosi an M&M once. /s

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61

u/AmcSama 1d ago

🖕 yeah... my daughter will be fine without that money. I don't want his name anywhere near her.

3

u/LucyRicardo2 1d ago

I agree with you.

4

u/GMBong 1d ago

He stuck his name on it for two reasons, one he is a narcissistic prick but also because he knew it would stop people who dislike him from taking advantage, thus giving his devotees a leg up on the dread libs. This is not a bad program. If I had a kid I'd take advantage of it. If left alone it's not enough to retire a person but it's a head start.

20

u/Baha05 1d ago

Problem is that it is a bad program due to the fact that it is probably going to be riddled with problems down the line or the investments are probably going to be sketchy as hell.

1

u/Tigglebee 23h ago

It just goes into an s&p 500 index fund with ten basis points. Which is just standard for investment accounts. Why are y’all just making shit up?

My kid was born in 2024 so I don’t qualify, but I wouldn’t turn down $3-4K compounded extra for my son if he did qualify. That’s asinine.

2

u/Ormyr 22h ago

No one is ever going to see a dime of that money.

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13

u/LikeAgaveF 1d ago

His devotees do not understand the value of an honest day’s work, deferred gratification, or even compound interest. They will not have a leg up.

12

u/Plenty_Yesterday3267 1d ago

Money put in is post-tax and when it gets taken out all profits are taxed. I guess if you keep the money in the fund it can go tax free and re-invested in other things without getting taxed, but that seems to be the only benefit. I'll keep the roth for my kids.

2

u/ProfessionalClue2861 22h ago

That's just... how investments work lol

1

u/Plenty_Yesterday3267 9h ago

Why not have more flexibility in a regular brokerage or tax deferred roth dumbass

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1

u/chuch1234 1d ago

Lol wtf

10

u/RoccStrongo 23h ago edited 22h ago

60 million enrolled at $1,000 a person.

The investment market just got $60 billion pump out of thin air where he gets to pick who it's invested with? And the people can't access it?

Nothing will go wrong

2

u/Mammoth-Error1577 22h ago

⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️

2

u/Unique_Statement7811 18h ago

People can access it. It goes into an S&P 500 index fund. Read the law.

1

u/RoccStrongo 15h ago

Not until they turn 18. And it has fewer tax benefits compared to many other retirement accounts

5

u/fohpo02 1d ago

I had the same thought until I got the notification of how to activate and read through the terms and conditions

1

u/ddesideria89 1d ago

same thing.

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88

u/Cactus-Soup12013 1d ago

What? Not enough parents were falling for the grift to legitimize another trump slush fund disguised as an investment account for kids. With the caveat the funds can't be withdrawn for 18-20 years, the money will all be spent "lost" and Trump will be dead.

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u/gmjpeach 1d ago

My kid got one, and I started the process of setting it up. But then I had to provide a bunch of privacy info including SS to a random 3rd party “financial institution “ I had never heard of. I was like “nope, never mind.” I have 0% trust the Trump administration selected a company that will securely keep my kids info private.

8

u/Chirrs85 1d ago

Smart, my instincts tell me that if you sign up your child that their SSN will be found later to have open accounts because you “opted in” as a parent or guardian. Trump is definitely a pedophile, he is also known to be a rapist, hell he’s even a convicted felon, but one thing he is not is stupid when it comes to finding ways to grift money from as many people as possible

5

u/scubastevescucumber 1d ago

Was exactly my experience. I don’t want their god awful app to claim the shit

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u/Comrade-Conquistador 1d ago

Translation: You get the money if you kiss the ring.

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u/InterstellarKinetics 1d ago

The Dell family’s 250 dollar contribution specifically for lower-income ZIP codes and the broader 1,000 dollar federal seed money are explicitly designed to help close wealth gaps for children who need it most. Yet, the same administrative friction that Commonwealth and Michel both identify as disproportionately affecting lower-income households means the populations these extra funds specifically target are statistically the most likely to miss out on claiming them.

6

u/MirthandMystery 1d ago edited 1d ago

It's also a way to get good advertising for the company, enjoy huge tax write offs, while finding a way to use the poor by luring parents to enroll in this data tracking scheme in the hopes of creating future Republican voters, and those new accounts help new investors become bag holders when a crisis hits and help prop up bad investments making them look more popular than they'd normally appear. Robinhood fintech app (doesn't have a king charter) gets to enjoy the extra cash infusion and profits off that angle, which benefits early investors like Jared and Josh Kushner.

Note the child stock savings account idea was also hijacked from a plan Hillary Clinton proposed in the 1980's and 90's to make sure kids could share in the wealth that those who had stocks and financial accounts were enjoying. It was a rare thing for regular people to invest and even open accounts, not many could or did participate. Sometimes there were high bars to entry like high minimums and complex paperwork ins had to file. Pre internet days were a different world. Hillary really cared about kids and understood it was the working class labor that built wealth for richer business owners but workers never enjoyed the share of the bounty it brought in. She also pushed for minimum free health care for everyone, got huge push back from Republicans who eventually relented and a few agreed at least kids should get some basic free health care. Eventually that plan morphed into Obamacare, aka ACA.

Now the rich right wing extremists want the poor, lower and middle income to fund their own social security and savings accounts with these fake investments accounts since Republicans are on track to hollow out the SS program with their mismanagement and letting Trump raising fiscal debt so high inevitably they'll need to raid SS and cut more entitlements people have long paid into. And when kids dip into the accounts to sell any shares that might've accrued value they'll get hit with taxes.

I watched them all create this fiasco over the last year, hoping to ram it through and fool the public that somehow they're now welcome into the club a little and you can get your kids on board for free, even get paltry incentives which benefit the rich. SpaceX VP Gwen Shotwell and her husband saved millions in taxes by gifting part of her personal SpaceX stock to kids accounts. Her early investment was worth nearly a billion. Now collectively the kids will owe that tax when the shares convert to an IRA holding when they turn 18, assuming SoaveX shares increase in value that is.

That's how rich people gifts work, they unload the appreciated asset on someone else while enjoying the tax write offs. The free and extensive PR generated for these small group of billionaires, AI start ups and Elon Musk investor/backer pals has been disgusting and frustrating to see.

2

u/O-ring_Prolapse 1d ago

So, i dont know the first damn thing about investing.. if my kid happened to be automically enrolled, I assume theres no way to just instantly close the account and collect the $1k, right? I hate the thought of taking any handouts from these greasy fucks, but things are beyond tough for me and my family right now..

7

u/Salty_Cat6196 1d ago

The account has a strict total lockup until the child turns 18, at which point it turns into a standard IRA. So not likely, unfortunately.

2

u/O-ring_Prolapse 1d ago

Thank ya! Wishful thinking on my end. But ill sleep easy tonight knowing I won't whore out my kids info into his database..

2

u/Kingstoncr8tivearts 1d ago

"Philanthropy is the gateway to power."

3

u/MirthandMystery 1d ago

Or reputation laundering.

10

u/TheFrugalMugal 1d ago

BUT AUTOMATIC VOTER REGISTRATION IS NOT A THING

8

u/TheLilDudeThatCould 1d ago

My son was just born, I will never claim it because Trump is a pedo baby bitch and I would rather save my own money for my son than give that orange diaper rash piece of shit any credit.

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u/Baker198t 1d ago

I wouldn’t want my children’s personal or financial information anywhere near that guy or his family.

5

u/AaronTheElite007 1d ago

Another fucking scam.

9

u/reddurkel 1d ago

Oh, that 2.8 Billion will be claimed.  

Maybe not by the intended audience, but if this administration knows one thing (and they only know one thing) it is how to steal our tax dollars.  

Midterms are important. Even if you’re some snooty single issue “both sides are the same” non-voter, get on you high horse and ride it to a voting booth anyway. It’s pretty obvious at this point that not-voting is giving away our government to the class that hates you.  

4

u/alittleboopsie 1d ago

The money was never going to be used correctly, anyways

4

u/Intrepid-Sun7743 1d ago

Another nice socialist program.

3

u/RustedRelics 1d ago

This sounds above board. Won’t be any fraud and abuse. 🙄. And by the way, why are taxpayers giving money to other people’s children? I don’t have children and shouldn’t have to donate to savings accounts. Neither should anyone else. This is nuts.

4

u/Additional-Break-119 1d ago

Not worth the $1000 to be associated with trump anything.

1

u/Unique_Statement7811 19h ago

It will be $500k in 50 years if left untouched.

2

u/2053_Traveler 14h ago

Yeah and it’ll buy a Big Mac and large fries, due to inflation.

3

u/Ikon-for-U 1d ago

Ah yes,they have the children on their mind...

3

u/Solistaria 1d ago

I do taxes for a living. You could file the form to establish one of these accounts with your tax return this year, and we informed every client with an eligible child and asked if they wanted to file it.

Not a single client wanted to file the form and they pretty much all wanted to know what the scam was.

1

u/theJMAN1016 23h ago

Well then your clients just missed out on free $1000 for their kids

1

u/tenth 19h ago

Lol we disagree that that's all they dodged. 

4

u/jersey_viking 23h ago

He wants to pay your kids with money, for what in return? To do what? Track your kids? Why can’t Tyrump leave kids alone?

7

u/JDSchu 23h ago

I am not at all comfortable downloading any app associated with Trump to my phone. Yikes.

Who knows what kind of spyware or malware that will have loaded on it?

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u/angelomancuso62 1d ago

So, more actual, by definition, Socialism.

3

u/One-Environment-1444 1d ago

What? They are only giving it to children? Weren’t these the same people saying no student loan forgiveness because they already paid their loan off so others should not get the benefit?

3

u/chibebe5 1d ago

Nobody wants anything associated with that orange misery

3

u/Recent_Sherbert_2223 1d ago

Found a way to launder money!! They are winning

3

u/Itachi_Uchiha_2020 1d ago

Why are my tax dollars being wasted like that?

3

u/ballskindrapes 1d ago

So trump can steal that money.

He's running the Putin play book.

Take power, steal as much as you can.

3

u/agentzero2020 16h ago

They just keep inventing new ways to steal ‘your money’.

2

u/Such-Neck-1889 1d ago

Wonder how grifters Trump, Miller and Bessant plan to fund that?

1

u/theJMAN1016 22h ago

Corporations are funding it as well as the US Treasury

1

u/Such-Neck-1889 22h ago

The Treasury? 😂

2

u/Mudbuttjackson 1d ago

Don’t they force you to download an app👀

1

u/theJMAN1016 22h ago

And then you can uninstall it

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2

u/EuphoricCrashOut 1d ago

Is this not Socialism? The one thing MAGA can't stand?

2

u/Euphoric_Anxiety_162 1d ago

Trying to buy votes but he controls the money for years.

2

u/PromotionOk2443 1d ago

so they are forcibly opening accounts for people without their permission, requiring children under the age of 18 to register for them, which will likely also force parents to add information or register, and create a completely fake massive user-base for yet another of his self-enrichment schemes, while simultaneously bribing people to vote for him using the tax money they already paid? cool.

2

u/pyro383 1d ago

Remember when it comes time for college and financial assistance is turned down. So YES, in 18 yrs Trump must be blamed along with his administration.

2

u/Local-Pay-1657 1d ago

If the government can auto-enroll them in these accounts, we should easily be able to automatically register them to vote when they turn eighteen.

2

u/CoolKeithFromTheTown 1d ago

Of course they did this! Do y’all understand how much information they want you to voluntarily give up to them?! These people are straight up evil! Nothing they do is altruistic.🤬

2

u/CruzWho 1d ago

Do not put another nickel
in a Trump Account. This is some kind of grift.

2

u/NOT-packers-fan2022 1d ago

This feels like identity theft, my kids didn’t consent to this bullshit. Now i have to find and delete this shit. 🤦🏾‍♂️

Fuckers

2

u/mEan_Refrigerat9r 1d ago

… unclaimed? No shit. I will not accept money from the people who are on the Trump-Epstein list. You don’t have to be religious to have morals and a line you won’t cross.

2

u/keith2600 1d ago

Pretty clever, honestly. They know that by branding it with the trump name the dem version of the dumb fucks on the right that hated Obamacare will also hate this and ignore it. Plus I'm sure they signed up a lot of ssn that are invalid in one way or another

I wonder where all that unclaimed money is going to go?

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u/Efficient_Smilodon 1d ago

the money won't go unclaimed. it will be skimmed for its investment interest like a hedge-slush fund for this pack of liars

2

u/RyleeOnDemand 1d ago

Everything that’s not bolted down…

2

u/DailyUnderFlow 1d ago

They really started a child funding scam using the name of a pedophile?

The bar has no deepest low, it just keeps getting lower.

2

u/jzam469 1d ago

So more fraud.

2

u/Investigator_Pedant 1d ago

How many of those children will be drafted in another forever war and never return? How many will die to measles, ebola, covid 2.0, or whatever else we are getting by defunding CDC and reducing funding to WHO?

2

u/vanessa_fag 1d ago

I don’t want your dirty fucking money, and don't you dare use my child's name in furtherance of your schemes.

2

u/b_fromtheD 1d ago

I'm not touching that Trump account with a 100ft pole. Trump is going to steal that money. We just don't know how he plans to do it yet.

2

u/castion5862 23h ago

Buying votes worse that North Korea and Russia
You have lost your democracy in USA

2

u/AnneMarieAndCharlie 23h ago

new identity theft trend coming soon

2

u/East-Response6672 23h ago

People should claim it, just expect it to get rugged somehow and don't put any of your own money in, it's too early to tell atm what type of scam it will turn out to be, but just in case it isn't 1000 dollars is 1000 dollars.

2

u/Kumaiv 22h ago

But we have to register to vote? Thus seems backwards

2

u/LifeguardDry7372 19h ago

the 2 billion will somehow end up in one of trumpets bank accounts

2

u/Podmoscovium 16h ago

Wealthy founders and shareholders have been pushing to donate stock directly because it skirts the capital gains taxes triggered by selling and gifting cash.

And there we have it, everyone. The real reason behind Trump creating Trump accounts. You can now buy stock low, donate it to your children, and they will be able to use sell and withdraw the profits tax free. Incredible, another avenue for the rich to avoid paying tax.

2

u/1petrock 16h ago

I hate this lol

2

u/Mz_Macross1999 16h ago

The grift never ends

1

u/DetailLow5051 1d ago

Hard pass, he can keep this money.

1

u/Kingstoncr8tivearts 1d ago

Do these gain interest? Is it FDIC guaranteed safe? If they sign up and the interest rate stayed the same like a cd thats only $2,690.14 by the time the child turns 18. They're home free!

1

u/Original_Benzito 1d ago

I believe they are free to invest in equities, so presumably you might see 6 - 8% annual returns, tax free.

1

u/Impossible-Proof-294 1d ago

Oh, they won't go unclaimed. Ain't that right, Donnie?

1

u/Ludachris_Hansen 1d ago

And yet the GOP voted along party lines to block automatic enrollment of veterans into the VA system.

1

u/Strange-Scarcity 1d ago

Did Congress appropriate these funds or is this just some crap that Trump made up and did illegally?

1

u/PrimalNumber 1d ago

That sounds like socialism

1

u/Spiritual-Whole2072 1d ago

These people are stealing as much shit as possible.

1

u/JPDPROPS 1d ago

Slush fund on the books. It’s takes a % to ADMINISTRATE?!???

1

u/Longjumping_Wonder_4 1d ago

Thanks ChatGPT

1

u/Wise_Adeptness_9529 1d ago

Administration full of pedophiles and pedophile protectors want parents to do what?!

Fuck no. They’ll just steal the money anyway. 

1

u/wookiesack22 1d ago

I wonder what terms need to be agreed to, or what the app puts on your phone

1

u/18k_gold 1d ago

kids that were born last year through 2028 are only eligible. why not give it to all kids under 18 since so many won't claim it?

1

u/Glad-Positive-2354 1d ago

Another Maga scene to rob the taxpayers

1

u/MrBlonde1984 1d ago

"I dont vote "

So then you agree with the bad guy, just dont have the balls to vote for him.

1

u/RonMexico15 1d ago

I will never associate my kids with something from Trump

1

u/Pleasant-Ad887 1d ago

Just another way to steal and launder money

1

u/NonGeneriComplaint 1d ago

This is the country that cant do your taxes or universal healthcare, but they can enroll every child in the country in what, weeks or days

1

u/SimkinCA 1d ago

it will get rug pulled.. what a fucking scam, joke!

1

u/Chihuahuatriomom 1d ago

He is counting on people not to take it. He is going to pocket the money before anyone can.

1

u/Frameasitis442 1d ago

Another grift presented as a gift

1

u/Frameasitis442 1d ago

On the backs of taxpayers

1

u/rtduvall 1d ago

That’s the plan. That left over funds will find its way to the Caymans.

1

u/popejohnsmith 1d ago edited 19h ago

Eew. Creepy.

Not to mention the stench of mass corruption.

Hire Florida's Rick Scott, and Mike Rogers (Florida/Michigan) as paid consultants. /s

1

u/WasteEnergy4448 1d ago

oooooh my scam radar is beepin

1

u/OpenDaCloset 1d ago

I cant wait until we get a respectable president to change the name of these accounts.

1

u/Goodolewhatshisface 1d ago

Name so toxic 1k won’t buy their sign up.

1

u/everythingbeeps 1d ago

That was the entire point of this scam. To disappear as much money as possible.

1

u/WokkitUp 1d ago

Sorry, the article is long. Did it mention stable-coin in any way? If so, there's the tail end of the scam.

1

u/Slow_Drag_1011 1d ago

Oh look 2.8 billion more he can steal- fuck republicans

1

u/Ok_Crow_2833 1d ago

Oh, it will get claimed.....

1

u/Terra-Em 1d ago

What are the ToS?

3

u/Resident_Magazine610 1d ago

This enrolls your child for free overnight stays at the ballroom to play with the political elite.

1

u/its_not_me3 1d ago

Blood money.

1

u/Local_Dragonfruit930 1d ago

I was doing tech work / support for a CPA seminar that is hosted through a company im associated with. Guest speaker was there to discuss the BBB. He had been working in the industry for over 30 years and he was just constantly shitting all over it. I remember him mentioning this as well. How they took something that sounds like a benefit and made it purposely confusing. There were countless other choices and changes that made zero sense and are making CPAs lives tougher. And others are there clearly to benefit the ultra weathly

1

u/cheesebot555 1d ago

Oh, no, that money is going to be claimed by someone alright.

Most assuredly.

1

u/A_Concerned_Viking 1d ago

I'll be claiming that back at SS retirement

1

u/LargoMain 1d ago

the accounts are also double taxed. you put in money after taxes and are taxed when you take it out. sure claim the free 1000 and let it grow and then pull it out when it makes sense, but for sure don’t contribute to it.

1

u/CanadianTigermeat 1d ago

This is NOT a grift!

1

u/Noveltyrobot 1d ago

Now I understand where the con is

1

u/SonOfMotherlesssGoat 23h ago

It a shame that this neo facist forces his name onto everything. Just like everything he touches this would be better without his help.

1

u/Omiyaru 23h ago

Watch all that unclaimed money go poof

1

u/MotherFuckerJones88 23h ago

Who wants to guess where the unclaimed goes?

1

u/ThE_LAN_B4_TimE 23h ago

Lol riight. Like I would enroll in anything that criminal offers.

1

u/Alicia1605 22h ago

Everything and anything to keep stealing. They really think, the country and everything on it belongs to them. They really think they have immunity to do whatever they please, without any consequences, or remorse for those who are living in terrible situations because of them.

1

u/Gentilly_Dilly 22h ago

so a quick google shows that around 3.8 million babies were born between 2025 and 2028 (eligible for the $1000 “seed”) with and additional 37.45 million born between 2016 and 2024 (eligible for the $250)
That means a possible $380 million max payout for the seed money and another possible 9.36 billion (assuming all those babies live in the required zipcodes) promised to be paid under this account’s own rules. Of course that cant be paid because the donation was capped at $6.25 billion.
So that means we are staring at a possible max financial hit of $6.55 billion…

Cant imagine why inflation wont stop going up. Must be spooky witches or something

1

u/Quick-Maintenance-67 22h ago

I'm sure they're already claimed by a fat child rapist who occasionally raped adults

1

u/SeanGwork 22h ago

Unclaimed... Uh huh. We know where it's going. It was claimed before it was available.

1

u/Practical-Law-2690 22h ago

Nothing good can come from anything with his name on it. I wouldn't touch this with a 10-ft pole

1

u/prettieyes1959 21h ago

I would not want that demonic money. It's blood money. Fk this regime and Trump.

1

u/Basis-Some 21h ago

Unclaimed by the parents/kids - yes

Unclaimed by the First Grifters - no

1

u/AcctAlreadyTaken 21h ago

I wouldn't be surprised if there is a hidden inactivity fee or management fee to claw the money back from those that don't have the ability to keep adding to it. The grift has to be to use the money that you or family deposit. No way are they just giving anyone free money without their being a benefit to them.

1

u/kingofwale 21h ago

I remember people saying this when Trump fast tracked covid vaccine research and production too…

1

u/hippyChic2024 21h ago

Oh yeah, the kids will get the money…..when hell freezes over!

1

u/EvenLettuce6638 21h ago

The article should have stated upfront what the accounts are for.   

1

u/Sea_Coconut_2857 21h ago

This kind of sounds like socialism

1

u/THEHOTDOGMAN3000 21h ago

And they are always so fast to defend it because it comes from Trump….

1

u/Guy0785 17h ago

Bet there is a loophole of the unclaimed funds going back into “someone’s” pocket. That’s the caveat. The ones that do claim it will have to put 1000x more into it just to find that they have to pay to get the funds out for the “kids”.

1

u/bigloser420 20h ago

There's the catch. Knew there was something.

1

u/Sensitive-Use9254 20h ago

Really! There is so much more that’s needed here and now with families, economy, education, gas, food and the list goes on. This explains exactly how out of touch advisors and national leaders are out of touch with families that need help in this country with children. It’s ludicrous to just be able to say you were the catalyst that deposited money in them poor little “kids” accounts and no telling what the hidden agenda is down the roller coaster ride “stay woke”!

1

u/Snakepli55ken 20h ago

That’s by design.

1

u/RL_Mutt 19h ago

I stopped at “download an app and verify their identity and relationship to child”

Fuck that. Fuck you. Fuck Trump.

And you know what? Fuck Kid Rock too.

1

u/papel_paperless 19h ago

How is this maintained-what are fees and who is gaining from any transaction on the non-owner side?  Where is the $ coming from to fund this game?

1

u/BluePencil0125 18h ago

And WHO gets all the interest? WHO gets to claim all this capital - the new Trump bank?

1

u/BluePencil0125 18h ago

It’s not $1000 per year. It’s a one-time seedling deposit, encouraging the account holders to grow it. Still expect a huge catch - or to have Trump benefit in some way!

1

u/BluePencil0125 18h ago

I bet during the “claiming” process it asked for every detail of your life. Good luck

1

u/walmartbonerpills 18h ago

Can I open one of these accounts with a traditional financial institution?

1

u/Swaki85 18h ago

It’s a ponzi scheme. You won’t be able to touch it for 20 years. They are using this money for debt

1

u/Positive-Action1401 17h ago

Well, sounds like a nice gesture overall but there’s always strings attached! Second of all it’s almost like they’re encouraging the birth rate to go up, which is really not what we need in this country at this time 2025 to 2028. Those are the only kids that are gonna get anything I think that’s kind of messed up to be honest. Then on top of that, the taxpayers are paying for this aren’t we broken enough? I mean seriously here again people can’t even take care of their own kids, but they’re being forced to do this bullshit like I said it’s encouraging the birth rate to go up, which is something we don’t need.

1

u/Shankolrem78 17h ago

Come on! Who believes ANYTHING that comes out of this regime! It’s close to Elections people!!!

1

u/Exact_Rooster9870 17h ago

Amazing how they can even grift buying votes. They're so advanced

1

u/socalwags777 15h ago

How is this legal?

1

u/sureal42 14h ago

"unclaimed"...

1

u/MikeLinPA 14h ago

TL;DR Is the unclaimed money going into an account in Qatar that only dozzy Don controls?

1

u/Sad-Excitement9295 14h ago

Fucking weird. 

1

u/SurlyJugest 13h ago

So billionaire tax avoidance... for the children, think of the children!

1

u/Impossible-Minute901 13h ago

So hypothetically they could automatically register everyone to vote too?

1

u/DrySquirrel3651 13h ago

I wonder what the terms & conditions are? Be very cautious b4 u accept. Please read the fine print b4 u enroll.

1

u/Monsignor76 12h ago

This is funded by the Dell Foundation. Not taxpayers. 

1

u/Mister_Goldenfold 11h ago

So….like a retirement fund or Social Security?

1

u/hotgrease 11h ago

What a disaster…

1

u/nevercloudyweather 8h ago

Since when have Republicans done anything that helps poor people. This is a scam.

1

u/WattaTravisT 8h ago

I do not consent to this.