Trump Savings Accounts

In this presentation, I will provide you with an overview of the the Trump Savings Accounts including who is eligible, the contribution limit which can be contributed annually as well as the pilot program for the federal seed contribution for newborns born between 2025 through 2028. I will also discuss the process for parents to establish the Trump Savings Account for each eligible child and then compare the Trump Savings Account with a Section 529 Education Savings Plan. I will summarize the key elements parents should consider when decided whether to establish a Trump Savings Account for eligible children. Learn more: https://www.cummings.law