Harrison

Well, I'm not one of them.

That's such a funny question.

Uh, yeah.

So these are new investment accounts for, uh, for kids.

They, um, they start this year.

And so on this most recent years tax filing, you can opt into them and then you take the form that it gives you, you bring them, you bring it to your bank and, uh, the advantages of, uh,

of these accounts is number one if your child is born um in 2025 through 2028 then the government gives you a thousand dollars in the account

And then secondarily, you can contribute up to $5,000 a year in the account, and it grows tax-free up until your kid is 18 years old.

So the big advantage of this beyond the initial funding from the government is the 529, which is the –

which is the common kind of education one, that money, while it grows tax-free, needs to be used for educational purposes, and this can be used by the kids for anything, which is great.

And it's 529 and 530A, right?

So they get access to it at 18 years old.

And it can only be taken out by them, and I believe they need a U.S.

Social Security number.

The baby boy does.

But Tate, we can still open up an account for, which we have not done yet, but we will.

And I was going to say one other thing.

Oh, some banks I believe are matching $1,000.

So I believe Chase and Bank of America are doing $1,000 match.

So day one, just by going there and opening the account, you're getting $2,000 in your kids' names.