H.R. 9881, titled the "American Dream Accounts Act of 2024," proposes that the Commissioner of Social Security should establish a financial account, known as an American Dream Account, for every child born in the U.S. Each account would start with $5,000 and require specific...
Simple Explanation
Imagine every new baby in America getting their very own savings pot with $5,000 in it to help them learn about money and save for the future, and if they help in important volunteer jobs, they get extra money as a reward!