Trump Accounts May Expand to Under-40s, Adding 100 Million People

The signal here is scale: a program designed around children's accounts could become a broad under-40 savings vehicle, shifting it from a niche benefit into something closer to a mass-market structure with a large, young user base. That matters for the platforms and asset managers positioned to hold and service those accounts, and for how the program's investment menu gets shaped. Note the source is a prominent backer, not an official, so this is advocacy rather than policy. The open question is whether the expansion gains formal traction or stays a proposal.