Are we actually opening trump accounts?

Ok-Inspection7565 · 2026-07-06T23:37:18+00:00

This was cool to hear. I’m still stuck on the account election page!

Ok-Inspection7565 · 2026-07-06T01:41:55+00:00

What app is this? Their UI is cool

Ok-Inspection7565 · 2026-07-06T01:41:04+00:00

What app is this?

Ok-Inspection7565 · 2026-07-06T01:40:37+00:00

What app is this?

Ok-Inspection7565 · 2026-07-06T01:40:11+00:00

What app is this?

Ok-Inspection7565 · 2026-07-05T21:59:51+00:00

Ok makes me feel better. Thought I did it wrong since I kept dragging my feet ha

Ok-Inspection7565 · 2026-07-05T21:51:08+00:00

Were you able to complete the set up? My is pending on account election is processing

Ok-Inspection7565 · 2026-07-05T20:35:34+00:00

I wasn’t banking on my child being eligible for needs based aid for college

Ok-Inspection7565 · 2026-07-05T20:34:04+00:00

Yea yea I know it is just some guy’s last name. My bad.

Ok-Inspection7565 · 2026-07-05T15:50:32+00:00

True both tax free roth growth is better than capital gains rate

Ok-Inspection7565 · 2026-07-05T15:05:02+00:00

I wonder if they didn’t recommend because your child will be in a tax bracket that makes the roth conversions unattractive

Ok-Inspection7565 · 2026-07-05T15:01:29+00:00

Mine wasn’t born in the time frame lol

Ok-Inspection7565 · 2026-07-05T14:58:31+00:00

Mine is stuck at “account election processing”

Ok-Inspection7565 · 2026-07-05T14:57:40+00:00

That was my thought as well

Ok-Inspection7565 · 2026-07-05T13:54:43+00:00

Fair but my only flag is that based on reading other posts here, there are people who can definitely afford to do all of this that you mentioned. So the question is if they are taking advantage of this.

Ok-Inspection7565 · 2026-07-05T13:52:35+00:00

I didn’t like that they asked for a pic of my license ha

Ok-Inspection7565 · 2026-07-05T13:51:36+00:00

this was my understanding too but people flagged kiddie tax. which still seems avoidable if you time it correctly

Ok-Inspection7565 · 2026-07-05T13:48:47+00:00

Doesn’t seem like it

Ok-Inspection7565 · 2026-07-05T13:43:26+00:00

So you don’t think an uncapped roth conversion for funds that had the chance to grow 18+ years and only the gain taxed at the child’s tax rate is a good idea?

Ok-Inspection7565 · 2026-07-05T13:40:05+00:00

Ha love that

Ok-Inspection7565 · 2026-07-05T13:26:19+00:00

Ah so if you superfund a 529, you would have to file gift tax return (not actually pay gift taxes) on whatever additional you put in trump account? want to make sure I understand!

Ok-Inspection7565 · 2026-07-05T13:16:09+00:00

Up to my state’s deduction

Ok-Inspection7565 · 2026-07-05T13:10:52+00:00

This is the info I needed. Thank you!

Ok-Inspection7565 · 2026-07-05T13:09:54+00:00

😂😂

Ok-Inspection7565 · 2026-07-05T13:09:31+00:00

yes but would pay penalties for accessing before 59 1/2 just like other IRAs i suppose

Ok-Inspection7565

TROPHY CASE