Latest / Legacy Beyond Wealth with Rob Shelton
Trump Accounts for Kids: Should You Open One, or Are There Better Options?
A brand-new savings option is making headlines: Trump Accounts. Eligible children could receive a $1,000 federal investment to jump-start their financial future, but does that make it the best place to save? For parents and grandparents, don’t focus on whether these are good. Instead, let’s determine whether they're the right tool for your family's goals.
In this episode of Legacy Beyond Wealth, Rob breaks down how the new Trump Accounts compare to 529 plans, Roth IRAs for kids, and UTMA/UGMA custodial accounts.
Here’s what we discuss in this episode:
💰 Trump Accounts – Understanding the new…
The skinny
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