167: Can Trump Accounts Make Your Child a Millionaire?

In this episode, Luis goes over the highlights of the Trump Accounts and talks about whether or not these can make sense to invest in your child's future. In this episode, Luis talks about the following: How Trump Accounts work When the Trump Account is the wrong type of account to use Alternatives to use instead of or in addition to Trump Accounts Strategies you can use to better optimize the Trump Accounts And much more……. Resources: Get the Ultimate Guide to Taxes! Learn more about Trump Accounts https://www.savingforcollege.com/article/what-is-the-kiddie-tax https://www.kitces.com/blog/taxable-accounts-custodial-kiddie-tax-obbba-trump-accounts-one-big-beautiful-act-roth-rmd-529-plan/