Trump Accounts Are Coming — But Should You Use One Over a 529 or UTMA?
Автор: The Ways To Wealth
Загружено: 2025-07-25
Просмотров: 98
Full Guide (Updated Frequently): https://www.thewaystowealth.com/utma-...
Trump Accounts are a new type of investment account for children, offering a $1,000 government seed for kids born between 2025 and 2028. Starting July 1st, 2026, they’ll be available to any child under 18. But are they better than a 529 plan or UTMA?
In this video, I explain:
How Trump Accounts work (contribution limits, tax rules, qualified uses)
What’s still unclear (especially about withdrawals and rollovers)
How they compare to 529 plans and UTMA accounts
Who may benefit most—and who probably won’t
As a Certified Financial Planner®, I break down the pros, cons, and what I’m doing in my own family.
💬 Questions? Drop a comment—I read every one.
👍 If you found this helpful, don’t forget to like and subscribe for more personal finance breakdowns.
📌 Disclaimer: This video is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor one to one before making decisions.
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