How many of you are opening a Trump account?

Yes. It’s free.

You just open a Trump account for those kids and make a contribution. No backdooring


And kids born in 2025-2028 receive the $1,000

I have one child born before 2025 and one child entitled to the $1,000.

Planning to open one for my oldest and put $1,000 in it, but no more than that for either of them in the Trump accounts.

If none of my kids were eligible for the $1,000 I wouldn’t open one

I'm looking at this for a relative and legit question, other than the free $1000 why would a 530A be a better option than a normal brokerage account?

Contributions to a 530A are after tax, and withdrawals will be treated as income, so what's the benefit over a brokerage? I guess a 18-19 year old with little to no income could do roth conversions up to the standard deduction, and basically get a free roth (or is that not how it works)?

Vs a brokerage, where withdrawals would be long term capital gains and potentially have no tax (if under the income limit).

To each their own. I think it depends on how you want to set your kids up for adulthood.


In theory, in the most extreme hypothetical— one could have a child born in 2026, kid receives the $1000 contribution and parents could max out the account every year at $5,000 annually. The kid turns 18 with a Traditional IRA balance somewhere in the ballpark of $200k.


For me, personally, if I can funnel $35k into a Roth IRA from their 529s then that will be a good enough start in saving for retirement…. a great head start in my opinion.

I'm debating on putting extra into this vs just continuing my planned 529 contributions

I'll have a 2026 baby so definitely going to get that free $1000 for one
But idk if I'll open accounts for the other two kids that aren't getting the free money.

To me this is a future decision of having money for them in an IRA much later in life vs keeping cash now to invest and helping out in other forms like schooling or house down payment.

First order of business by the liberals incoming will be to completely dissolve and destroy anything this administration has created. Not worth the headache that is guaranteed to happen! I hope I'm wrong.

The amount of money my kids would get isn't worth the potential shite they'll have to put up with throughout their life having money tied to anything named "Trump" because of the retarded insane liberals.

I'll give them the fricking $200 or whatever it is.

Anyone know when the dell $250 gets thrown in? Kid is almost 3 so doesnt qualify for $1000 but does the Dell $250 for being younger than 10 and live in a zip code where household income is below $150k/yr

Baby made her first $1,000 today.