Comment from Anonymous
Anonymous AnonymousSupportIndividual
Summary: The commenter supports the proposed action but requests more clarity regarding gift limitations and tax consequences for potential funders. They also advocate for allowing the direct setup of accounts with private providers rather than requiring a government-mediated transfer.
Please provide clear determination with regard to present interest so that individuals considering funding may do so with foreknowledge of any associated gift limitation (annual or otherwise) or gift tax consequence.
Agree with prior comments regarding stewardship clarity, including that for children in less traditional circumstances such as foster care.
Agree with prior comment about enabling direct setup of accounts with private/non-government providers, instead of requiring a government account with subsequent transfer.