Bill Would Streamline Trump Account Sign-Up

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Kathy Cornwell

A bill introduced by West Virginia Senators Shelly Moore Capito and Jim Justice would make it easier for families with newborns to sign up for Trump Accounts.  The accounts give children a financial head start with $1,000 in an investment account. Senator Capito says the bill amends the Social Security Administration’s Enumeration at Birth program to provide for creating a Trump Account when a child’s birth is registered…

“I don’t want to see any family lose an opportunity to have an investment account for their child that can grow over time that you can add to. And so the Social Security Administration, because you have to have a social security card has made it easier to enroll in Social Security. You don’t have to have a Trump Account but do you realize this is available to your child?”