{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Your Kids\u2019 $1,000 Account Has a Catch | Here\u2019s Why (Ep. 251)","description":"Is the government really giving kids $1,000\u2026 or is there a bigger catch? In this solo episode of Without the Bank (WTB), Mary Jo breaks down the Invest America Act (sometimes called the \u201cTrump Account\u201d) and explains why she believes it raises serious red flags, from misleading claims by politicians to hidden tax consequences and stock market manipulation. \ud83d\udc49 Follow Mary Jo Here: https:\/\/www.youtube.com\/@MaryJoIrmen?sub_confirmation=1&amp;nbsp;  \ud83d\udc49 Get the book:  https:\/\/www.withoutthebank.com\/book\/?... After reviewing the actual bill, running the numbers, and even putting it through AI, Mary Jo explains why this account is not what it\u2019s being sold as\u2014and why families should be asking tougher questions before celebrating \u201cfree money.\u201d \ud83d\udd0d What You\u2019ll Learn in This Episode: Why the Invest America Act is not a Roth IRA The real tax consequences when kids withdraw the money Why capital gains taxes matter more than politicians admit How inflation destroys the \u201cbig numbers\u201d being promised The hidden incentive to prop up the stock market Why education beats government-funded investing every time \u23f1\ufe0f Chapters (00:00) \u2013 Why this account immediately raised red flags (01:32) \u2013 What the Invest America Act actually says (03:44) \u2013 Debunking Ted Cruz\u2019s claims (05:57) \u2013 Following the money: who really benefits (08:31) \u2013 Taxes, capital gains, and misleading projections (11:44) \u2013 Inflation, purchasing power, and the real math (15:07) \u2013 Why this doesn\u2019t create \u201ccapitalists.\u201d \ud83d\udcac Join the Conversation What do you think about the Invest America Act? Leave a comment below or email Mary Jo at maryjo@withoutthebank.com \ud83d\udc4d Like | \ud83d\udcac Comment | \ud83d\udd14 Subscribe for more honest money conversations \ud83d\udcda Want a Better Alternative? If you want to set money aside for your kids without capital gains taxes and without government control: \ud83d\udc49 Visit  https:\/\/withoutthebank.com?utm_source... ","author_name":"Without the Bank Podcast","author_url":"https:\/\/withoutthebank.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/39653430\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/197263835"}