Mar 19
The “Trump Account” Explained
A new savings vehicle for children—the “Trump Account”—has generated a lot of attention. And for good reason: between the government seed contribution, annual family gifts, and tax-deferred growth, it sounds appealing on the surface. But the details matter. In today's email, I'm sharing what these accounts are, how they work, and when they may (or may not) make sense. *** Before we dive in, did you catch this week's podcast? 👇 The Roth Conversion Rule Almost Nobody Gets Right (4 Scenarios)...
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