๐บ๐ธ New Benefit for U.S. Citizen Children: $1,000 Investment Account ๐ฐ๐
Every child born in the U.S. to American citizen parents will now receive a $1,000 stock account through Fidelity Investments.
๐ Funds are locked until age 18 โ the child cannot sell or withdraw until adulthood.
๐จโ๐ฉโ๐ง Parents can contribute additional funds over time to help grow the investment.
This initiative aims to promote long-term financial security and encourage early investing for the next generation.
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๐ฌ Smart move by the government or just the beginning? Whatโs your take?