Next year on July 4, every child in America is going to have a personal investment account open for them. Newborn children will have a thousand dollars automatically se which is amazing. Parents, families, employers can put up to $5,000 a year in a tax advantaged account. And all of that will be invested in the S&P 500 will be invested in a broad based equity index invested in the stock market. Two massive benefits from this. (22:23–22:31)
CLAIM
Asserts that contributions up to $5,000 a year can be made to these investment accounts.
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