It's an investment in their future that changes their lives. And I hope and believe Michael and Susan are going to inspire millions across the country to do the same thing. When Congress passed section 401k of the ERISA, I don't know that anyone realized how much it would change retirement plans. There's now trillions of dollars in 401k plans. They're going to be trillions of dollars in these. These are 401ks for kids. And Mr. President, these Trump accounts exist because you signed them. (23:58–24:07)
CLAIM
Asserts that the passage of section 401k of ERISA significantly changed retirement plans.
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.
