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Lawmakers debate if child savings accounts may reduce wealth inequality

The 401Kids Savings Act would create savings accounts for newborns. While state child savings accounts have shown promise, inflation and taxes prompt concerns.

Rhode islandUnited statesRon wydenMike crapoAdam michelWilliam elliottColleen quintAlfond scholarship foundationSenate finance committeeMercatus centerCato instituteUniversity of michiganSavings actPersonal financeOklahoma kidsAlfond scholarship

Some States Open College Savings Accounts for Every Newborn

Since 2013, A half-dozen states have enacted college savings accounts with seed deposits for every child born or adopted in the state

United statesDistrict of columbiaRhode islandUniversity of southern californiaUnited kingdomWashington universitySan franciscoAndrea taltyThailyah millerGavin newsomJulie peacheyJulio martinezColleen quintMichael sherradenShira markoffEvan goyke

Some states open college savings accounts for every newborn • Missouri Independent

A half-dozen states have enacted college savings accounts with seed deposits for every child born or adopted in the state.

United statesDistrict of columbiaRhode islandUniversity of southern californiaUnited kingdomWashington universitySan franciscoAndrea taltyThailyah millerGavin newsomJulie peacheyJulio martinezColleen quintMichael sherradenShira markoffEvan goyke

Some states open college savings accounts for every newborn

Since 2013, 36 percent of Maine families that received a grant from the Alfond Scholarship Foundation have opened 529 accounts for their children.

United statesDistrict of columbiaRhode islandUniversity of southern californiaUnited kingdomWashington universitySan franciscoAndrea taltyThailyah millerGavin newsomJulie peacheyJulio martinezColleen quintMichael sherradenShira markoffEvan goyke

Some states open college savings accounts for every newborn

Since 2013, 36 percent of Maine families that received a grant from the Alfond Scholarship Foundation have opened 529 accounts for their children.

United statesDistrict of columbiaRhode islandUniversity of southern californiaUnited kingdomWashington universitySan franciscoAndrea taltyThailyah millerGavin newsomJulie peacheyJulio martinezColleen quintMichael sherradenShira markoffEvan goyke

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