Trump Accounts Explained: How the $1,000 Head Start for Kids Works
What exactly is a Trump Account, who qualifies, and what could it mean for your children or grandchildren?
In this episode of Retire and Thrive, Dan and Kamie switch roles as Kamie walks through her firsthand experience setting up a Trump Account for her newborn son, AJ. They discuss the $1,000 government seed contribution, how families can add to the account, and why parents and grandparents may want to understand this new option.
Dan and Kamie also explore how Trump Accounts can fit alongside other college-saving strategies such as a 529 plan, who can contribute, and why even a relatively…
The skinny
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