Gerstner says Invest America accounts will be automatically created at birth starting July 4, 2026.
“starting on July fourth of next year, Bill, as close to automatic account creation as possible.”
Gerstner reports 65 million kids qualify for Invest America accounts, with launch expected early December.
“at the start today, there are 65,000,000 kids in the country qualified for an Invest America account, every kid under the age of 18.”
Gerstner expects to auto-create 70 million accounts with Social Security Administration in coming months.
“I hope that over the course of the next few months we're going to be auto creating with the Social Security Administration 70,000,000 accounts for every kid under the age of 18”
Gerstner expects Social Security Administration to auto-create 70 million accounts for all children under 18 within months.
“I hope that over the course of the next few months we're going to be auto creating with the Social Security Administration 70,000,000 accounts for every kid under the age of 18 so that we can get this money into those accounts and and get it compounding.”