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 The money will be invested in the S&P 500, a broad based equity index. Now you know about the stock market, but roughly half of Americans don't own a single stock, don't own a single bond. What this is going to do is two things. (11:07–11:13)
CLAIM
Asserts that the investment accounts will be invested in the S&P 500.
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.
