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International Business Times UK

Niloy Chakrabarti

American Dream Accounts Act: New Bill Proposes $25K For Every US High School Graduate Via Social Security Investment

Social Security United States Dean Phillips Social Security Administration

New bill will also allow students to track investment portfolios via mobile apps. (Credit: Baltimore City Employees and Elected Officials Retirements Systems/www.bcers.org)

US Representative Dean Phillips, serving the 3rd congressional district of Minnesota, floated a new bill under the Social Security program that would offer approximately $25,000 to all US citizens when they graduate from high school or receive their GED certificates. Those with disabilities could be exempt from the high school diploma or GED requirement.

Investment Accounts For All

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