Treasury: SSN Glitch Delays Some Trump Accounts

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Parents of some babies born this year have been unable to open Trump Accounts since the new federal investment program went live Saturday, with the Treasury Department confirming that a subset of children born in 2026 with newly issued Social Security numbers are hitting error messages when families try to enroll, according to a report in The Wall Street Journal.

A Treasury spokeswoman told the Journal that the issue affects a limited number of people and concerns how recently issued numbers are processed in the enrollment system.

The department has not issued a public statement addressing the problem.

Trump Accounts opened to families on July 4, tied by the administration to the 250th anniversary of the Declaration of Independence.

The program was created by the Working Families Tax Cuts, signed into law last July, and delivers a one-time $1,000 federal contribution to eligible U.S. citizen children born between Jan. 1, 2025, and Dec. 31, 2028.

Parents open accounts by filing IRS Form 4547 through TrumpAccounts.gov.

Treasury designated Bank of New York Mellon as financial agent for the program in April, with Robinhood serving as brokerage and initial trustee and building the app.

The Social Security number requirement sits at the center of the delay.

Only children with a valid SSN qualify, and the Social Security Administration announced the day before launch that it would fold Trump Account enrollment into its Enumeration at Birth program, allowing parents to sign up newborns on the same hospital paperwork used to request a Social Security card.

That integration is meant to smooth the pipeline from birth to account. For families whose babies were assigned numbers in recent weeks, the pipeline is not yet working.

Treasury Secretary Scott Bessent said in a May release that activation emails would roll out in phases through July 4 from "no-reply@TrumpAccounts.Treasury.gov," the department's designated address for the launch.

Six million children have already been enrolled, the SSA said, with the Treasury Department putting the number of newborns eligible for the $1,000 seed contribution at 1.4 million.

The stakes for affected parents are narrow but real.

Every day a newborn's account sits unopened is a day when Treasury funds are not invested and cannot compound, and families whose employers, relatives, or philanthropies plan to add contributions cannot begin funding an account that does not yet exist.

Whether the issue extends deeper into the SSA-Treasury data handoff or resolves as newly issued numbers propagate through federal systems remains unclear.

Jim Thomas

Jim Thomas is a writer based in Indiana. He holds a bachelor's degree in Political Science, a law degree from U.I.C. Law School, and has practiced law for more than 20 years.

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