Your child may have $250 in their Trump account: Here’s why

(NEXSTAR) – Your child may have been automatically enrolled in a Trump account, and already received their first deposit.

Trump accounts, intended to serve as a savings fund for children to use after turning 18, officially launched earlier this year. Earlier this month, the Treasury Department confirmed it had created more than 60 million accounts for children who hadn’t yet been enrolled.

Prior to the auto-enrollment, Trump accounts had been established for roughly 7 million children. As many as 70 million may qualify, according to Treasury Secretary Scott Bessent.

The auto-enrollment was, at least in part, to allow a $6.25 billion contribution pledge from Michael and Susan Dell to send $250 payments to more eligible children, The Hill previously reported.

Those payments were fully disbursed as of Friday, Oct. 9, officials said.

Not sure if your child received that payment? There are multiple ways to check.

First, you can confirm your child’s........

© The Hill