Trump Accounts Explained: Gimmick or New Savings Tool for Kids?
About this episode
Mike Jesowshek explains the intricacies of Trump Accounts as a potential wealth-building tool for families.
Free money for kids? Not so fast. Trump Accounts could become one of the newest long-term wealth-building tools for families, but you need to understand how they work, who qualifies, and how they fit into a bigger tax and investment strategy. In this episode, Mike breaks down everything you need to know about the Trump Accounts. He covers the contribution rules, tax-deferred growth, employer contribution opportunities, Roth conversion planning, and how Trump Accounts compare to 529 plans, Rot...
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