The Trump accounts, they'll start Next, next summer, July 4th. Every child in America will have a personal investment account open for them. Newborn children will have that fund seeded with a thousand dollars. Parents and family and employers can give up to 5,000 a year in a tax advantage account like a Roth IRA. That money will be invested in the S&P 500, a broad based equity index. (10:55–11:00)
CLAIM
Asserts that newborn children will have their investment accounts seeded with $1,000.
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