New Trump Accounts Explained— What You Need to Know

Описание: New Trump Accounts Explained | What Parents & Grandparents Should Know

A new type of savings account — the Trump Account — is coming for young U.S. citizens born between 2025 and 2028. The government will fund these accounts with about $1,000 per eligible child, and parents or grandparents can contribute up to $5,000 per year.

But is it the best way to gift money to children? In this short, we break down how Trump Accounts compare to 529 plans and UTMAs, and why other strategies may still offer more flexibility and tax advantages.

🔗 Watch the full video for a deeper dive into 2025 Tax Planning 👉    • 2025 Tax Law Changes & Year End Planning  

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