Trump Accounts expansion to under-40s would add 100 million more people
As seen on the 24/7 Wall St. homepage on October 20, 2026.
An under-40 expansion would funnel another 100 million accounts into index funds and brokerage platforms, and Balchunas is sourcing it to Brad Gerstner, the person driving the policy.
Trump Accounts may soon be expanded even more to anyone under 40yrs old. That would be another 100 million people, on top of the 70 million kids and 3.5mil babies born each year. This according to Brad Gerstner who is the main guy spearheading efforts on this. He also said Elon https://t.co/YqOcf6IfQL
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Expanding Trump Accounts to every American under 40 would pull another 100 million potential account holders into the program, according to ETF analyst Eric Balchunas on X. Brad Gerstner, whom Balchunas identifies as the main person driving the policy effort, is the source of the expansion talk. Index fund and brokerage flows would scale with it.
Brad Gerstner is identified by Balchunas as the main person driving the policy effort behind the expansion.
The under-40 cohort would represent one of the largest retail investing initiatives in U.S. history if enacted.
A program that began as a children's savings concept would reach much of the working-age population, with compounding implications for flows into passive investment vehicles.