Language

English (en)

Publication Date

8-7-2025

Summary

As the U.S. Treasury Department considers the implementation of Trump Accounts, one proposed enrollment method is a “check-the-box” option on the federal tax return, requiring parents to actively grant permission to open an account. This policy brief draws on evidence from prior research to explain why such a check-the-box opt-in model is very unlikely to achieve full participation in Trump Accounts

Document Type

Policy Brief

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Huang, J., Clancy, M. M., Roll, S., & Sherraden, M.(2025). "Check-the-box" enrollment will limit participation in Trump Accounts: Lessons from asset building research (CSD Policy Brief No. 25-43). Washington University, Center for Social Development. https://doi.org/10.7936/vtsk-t224

Project

SEED for Oklahoma Kids

Keywords

SEED for Oklahoma Kids (SEED OK) ; Child Development Accounts (CDAs) ; policy ; opt-in enrollment ; Trump Accounts ; Oklahoma ; Rhode Island ; CollegeBoundbaby ; Refund to Savings (R2S) ;

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