Mohamed A. El-Erian: Trump Accounts Are a ‘Win-Win Across the Board,’ It Enables People to Get into the Capital Markets Early
‘Tax-deferred compounding, which means it can grow, and it increases financial literacy’
EXCERPT:
EL-ERIAN: “Oh, this is a win-win across the board. It enables people to get into capital markets early, and as you know, it’s one of those things that makes the U.S. so dynamic. It's tax-deferred compounding, which means it can grow, and it increases financial literacy. So this is a win across the board.”
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