And then the Trump accounts. Starting on July 4th of this year, our nation's 250th birthday, every child in America will have a personal investment account open for them. Newborn children will have it seeded with $1,000. parents, families, employers can contribute up to $5,000 each year in a tax advantaged account. And all of that will be invested in the stock market, the s and P500. (14:53–14:58)
CLAIM
Asserts that newborn children will receive $1,000 in their investment accounts.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
