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[-] FryHyde@lemmy.zip 7 points 3 days ago

Where are you getting the information that they're mandatory? Everything I can find shows them to be voluntary.

[-] GalacticRobot@lemmy.world 5 points 3 days ago

No way would someone just make things up on the internet would they?

[-] laranis@lemmy.zip 4 points 3 days ago

From the Trump Account website:

You can elect to open a Trump Account for your eligible children using IRS Form 4547. You can fill out and submit the form right in the Trump Accounts app, when you file your taxes, or through the secure IRS website called Individual Online Accounts, or IOLA.

Nor can I find anything making them mandatory.

[-] ragebutt@lemmy.dbzer0.com 2 points 3 days ago

You’re correct, I had that wrong. I misread an article about https://www.ssa.gov/news/en/press/releases/2026-07-03.html lwhich implied automatic enrollment when applying for a newborns ssn, but technically you can still opt out. There is heavy pressure to make enrollment automatic though

this post was submitted on 19 Jul 2026
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Work Reform

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