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Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help (www.cnbc.com)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] LemoineFairclough 1 points 1 week ago

I'm not sure why a parent would want to contribute to an account that isn't a UGMA/UTMA custodial account or 529 savings plan. I'd be interested in how to "receive federal contributions" though.