Why I'm NOT Recommending Trump Accounts and How To Save For Kids Instead | E80
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Why I'm NOT Recommending Trump Accounts and How To Save For Kids Instead | E80
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Narrated by:
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In this episode, I talk about why I am not recommending Trump Account contributions beyond any free money, and how to save for your kids instead.
Key Timestamps:
- 00:00 Introduction and What Trump Accounts Are
- 03:56 Problem 1: Kiddie Tax
- 07:07 Problem 2: Inflexibility
- 08:44 Problem 3: State Taxes
- 10:24 How to Save for Kids
- 15:14 Summary and Wrap Up
Resources Mentioned:
- Trump Account Website to Open and Manage Accounts
- $250 Dell Foundation Contribtuon Zip Code Lookup
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www.baskinfp.com/post/80
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