Latest / The State of Retirement: Shaping the Future
Episode 52: From Birth to Wealth: Understanding Trump Accounts and The Potential to Transform Financial Well-Being
Barbara Van Zomeren is head of government relations at Ascensus and Michael Kreps chairs the Groom Law Group's Retirement Services practice. In this episode, Barbara and Michael share their insights about Trump accounts - the new childhood savings vehicles offering $1,000 government contributions for eligible newborns. They will explain eligibility and contribution rules, address administrative and operational challenges, consider how this new savings account fits with other existing savings options, and contemplate how these accounts might help transform how America approaches savings…
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