Episode
New Trump Accounts: Reasons to pass on Trump accounts
- Published
- May 23, 2026
- Duration seconds
- 456
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Summary
No matter how you feel about Trump - hate him, love him, or if you're among the 12 Americans who are totally indifferent to him, the new Trump accounts for kids are an incredible savings opportunity, and one that you don't want to pass up if you have minor children or grandchildren. And if that child is eligible for the $1,000 seed contribution because they were born between 2025-2028, then it's definitely a no brainer. About 5 million Americans have already signed up for these accounts, and I will be enrolling all 5 of my own children before they go live on July 4th. And enjoying the free $1000 of seed money for baby number 5, arriving in June. So in this week's podcast, I'll be breaking down the key things you need to know about Trump accounts: Who can and should sign up & fund these accounts Why I like them better than other types of savings and investment accounts for kids How to sign up Investment options How to turn these accounts into millions for your kids or grandkids in retirement