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This program is actually something I started when I was State Treasurer of West Virginia,

the Jump Start Savings Program, and it comes from my experience as a welder.

That's actually how I started my career. I was a welder. I went to trade school, went out,

and was working in the trades there. And what this does, it allows individuals to save for

tools, equipment, licenses, certifications, and most importantly, new business startup costs,

because in the trades, a new business can cost anywhere around $100,000 to get going.

And so it mirrors somewhat of the 529 college savings plan, which I used to manage at the state level.

And it does also allow individuals to roll over tax-free,29 college savings money into one of these Jumpstart

accounts. So it has the same tax benefits as it relates to capital gains.

So that's pretty cool, right? Jump Start Savings Act for people that want to go to trade school

or change their mind from going to college to with their 529s or four. I had three of them going,

just finished them off. And you could always transfer that. Why not it the rest of the way so for high school kids you know exactly where you're heading for the parents of kids who want to go into the trades you'll have a program to jump into mike row knows all about it he's the founder of mic row works named after himself he does that a lot uh He's a CEO there, host of people you should know.

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