Starting on July 4, every child in America will have a personal investment account opened for them. Newborn children will have its exceeded. With a thousand dollars, Parents and family and employers can contribute up to 5,000 a year in a tax advantaged account. That money will be invested in the S P 500 in the stock market. Broad based equity index account. Two massive benefits that change this country. (22:45–22:52)
CLAIM
Asserts that contributions to these accounts can be up to $5,000 annually with tax advantages.
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.
