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.

Related Keywords

Rhode Island ,United States ,Nebraska ,Maine ,California ,Pennsylvania ,Oklahoma ,Nevada ,Illinois ,Michigan ,American ,Ron Wyden ,Mike Crapo ,Adam Michel ,William Elliott ,Colleen Quint ,Alfond Scholarship Foundation ,Senate Finance Committee ,Mercatus Center ,Cato Institute ,University Of Michigan ,Savings Act ,Personal Finance ,Oklahoma Kids ,Alfond Scholarship ,Veronique De Rugy ,