IRS CEO: By the 15th of October, More than 25 Million American Children Will Be Having Money in Their Trump Accounts

‘It will be auto enrolled’

EXCERPT:

BISIGNANO: "This is a huge deal. It’s great for America and what we’ve driven towards. I mean, great leadership by the president, the Treasury Secretary to put us in this position to be able to auto-enroll, as you read about. And what does that really mean? That means that the gifts that have already been received can be distributed to the accounts and those accounts can start growing. So, I think by the 15th of October, you will see more than 25 million Americans' children having money in their Trump accounts. 25 million, and it will begin growing. An easy-to-access product that people can look at on their phone. And we will be communicating with every household so those who haven't  signed their children up fully will sign them up. But them money will be there. It will be auto-enrolled, and it’s a breakthrough and I am proud of the work done by everybody in the administration to get this done."

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IRS CEO: By the 15th of October, More than 25 Million American Children Will Be Having Money in Their Trump Accounts