The Journal.

Closing the Wealth Gap With a Trust Fund for Babies


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Starting in July, Connecticut will put $3200 into a trust account for each baby born to parents below a designated income level. As adults, the beneficiaries can use the money—plus investment returns—to help pay for education or a home. WSJ’s Brenda León discusses Baby Bonds and why they are gaining traction in other states too.


Further Reading:

- Could $3,200 ‘Baby Bonds’ Help End Poverty in America? 

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The Journal.By The Wall Street Journal & Spotify Studios

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