Episode 9: Trump Accounts for Kids in Israel

In this episode, we explore the newly introduced Trump accounts designed for children under 18, discussing their structure, contribution limits, and tax implications in both the U.S. and Israel. Together with our special guests, Nadav Ellinson of Blue & White Finance and Shaked Persi of BDSK, the conversation delves into the transition from Trump accounts to traditional IRAs, investment strategies, and the importance of long-term financial planning for children’s futures. The guests share insights on maximizing contributions, understanding tax benefits, and comparing Trump accounts with other investment options, ultimately emphasizing the significance of setting clear financial goals for children’s savings.

Chapters

00:00 Introduction to the Trump Accounts
01:02 Understanding the Basics of Trump Accounts
06:00 Contributions and Limitations of Trump Accounts
11:50 Transitioning from Trump Accounts to IRAs
18:02 Tax Implications in the US and Israel
23:47 Comparative Analysis of Tax Treatments
30:00 Final Thoughts on Trump Accounts and Their Impact
38:31 The Trump Account and Its Implications
41:17 Israeli Tax Perspective on Trump Accounts
42:05 Investment Potential of Trump Accounts
46:21 Long-Term Financial Planning for Children
48:00 Retirement Systems in Israel vs. the US
52:15 Goals Beyond Retirement Savings
55:58 Exit Strategies and Restrictions of Trump Accounts
01:01:12 Investment Allocation and Diversification Strategies
01:10:25 Final Thoughts on Financial Planning


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