Ep. 44: Trump Accounts: $1,000 Today, What About Tomorrow?

In this episode, Vic Colella, CFP®, CDFA®, and Alex Richani, CFP®, take a closer look at Trump Accounts, a new savings option for children. We walk through how the accounts work, who may be eligible for the free money that's making headlines, and some important considerations to keep in mind before contributing additional dollars. We also discuss how Trump Accounts stack up against 529 plans and UTMA accounts and why your goals should ultimately guide where you save.If you have suggestions for episode topics or would like to give us feedback, we would love to hear from you! Please email us at [email protected].