Fidelity is offering a $1,000 stock account for every US child with American parents. Key features include:
- *Account Ownership:* The child owns the account, but parents can contribute to it.
- *Age Restriction:* The child cannot sell or manage the account until they turn 18.
- *Long-term Investing:* The account is designed for long-term growth, providing a potential head start for the child's financial future.
This initiative aims to encourage early investment and financial literacy among young Americans.
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