Reposted by Gbenga Ajilore
Made my WSJ debut calling for more guardrails on Trump Accounts. Treasury says kids will be auto-enrolled (great!), but will still have to claim the money (bad!), and they're overruling Congress's intent by allowing contributions of individual stocks (bad AND weird!). www.wsj.com/politics/pol...
wsj.com
Trump Accounts’ Extraordinary Expansion Puts Individual Stocks Into Kids’ Holdings
Millions of kids will receive donated stocks in individual companies that they can’t reject and can’t sell for five years.