Lubbock Parents Can Claim New Child Investment Accounts

Eligible Lubbock children may already have a Trump Account, but parents still have a step to complete before managing it.

Treasury announced October 1 that automatic enrollment was finished, adding accounts for more than 60 million eligible children. Officials said eligible children younger than 18 with a valid Social Security number now have an account ready to be claimed.

A parent or guardian must verify their identity and relationship to the child, review the child’s information and accept the terms through the official app.

Claiming also allows relatives, friends and employers to contribute. The separate $1,000 federal starter contribution applies to eligible children born from January 1, 2025, through December 31, 2028. Families must claim the account to receive it.

Enrollment creates an investment account. The $1,000 starter payment has separate eligibility rules.

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