Monday, July 27, 2026

What is the Trump Account?

Explore ways to save for your child’s education in a CESA here: https://eqtytrst.co/4wUfXuq A new government-backed investment account for children is here, and eligible families may qualify for a $1,000 government contribution to help get started. In this episode of Getting Real, we'll explain what the new Trump Account is, who may be eligible, and how it compares to tax-advantaged options like a 529 plan, Coverdell Education Savings Account (ESA), and Custodial Roth IRA. Key topics: • What is the Trump Account (Section 530A)? • Who may qualify for the $1,000 government contribution? • How do Trump Accounts work? • How does a Trump Account compare to a 529 plan, Coverdell ESA, and Custodial Roth IRA? • Why does starting early matter when investing for a child? Reimagine Your Retirement with Equity Trust: https://eqtytrst.co/homepage Connect with us on social media! ⭐ LinkedIn: https://eqtytrst.co/linkedin ⭐ Facebook: https://eqtytrst.co/facebook ⭐ Instagram: https://eqtytrst.co/instagram ⭐ Twitter/X: https://eqtytrst.co/twitter ⭐ TikTok: https://eqtytrst.co/tiktok ⭐ Reddit: https://eqtytrst.co/reddit