Derf's Grotto

[fung_derf]

Is THIS going to actually happen?? It would be a great idea.....cut Social Security a bit and replace it with IRA's for babies....
I can think of a few positives coming from this...

NEVER TOO EARLY TO SAVE. The
GOP tax bill passed on 5/22 included
a provision which would deposit
$1,000 for every child born into a
tax-deferred account investing in a
diversified US stock index. Based on
the S&P 500’s post-WWII annualized
total return of 11.6%, that $1,000
would be worth $7,200 by a child’s 18th
birthday.* (Source: Bespoke