Newborn children will have them seeded with $1,000. Parents, family, employers can all put up to 5,000 a year in a tax advantage account. And All of that will be invested in the stock market, The S&P 500, a broad based equity index. What are the advantage of this twofold? Number one, every child in America is going to benefit from the miracle of compound growth. (18:54–19:01)
CLAIM
Asserts that the funds in these accounts will be invested in the S&P 500.
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