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In this episode, we ask:

• How has the I.R.S. clarified things with a recent notice on the Trump account?
• What changed Mark’s mind about the Trump accounts?
• Can you convert a Trump account into a Roth IRA when the kid turns 18?
• Why not put money into a 529 plan instead?
• What about layering this in with other strategies?
• What is a Trump account?
• What is huge?
• Who can fund this?
• Who needs earned income?
• What happens for kids who were born between 2025 and 2028?
• What happens in July 2026?
• How can you set one up?
• When are contribution due?
• What about ETFs?
• What happens automatically at age 18?
• What are the limits?
• What happens with the taxes on these accounts?
• Why does timing matter?
• What if the government changes the rules?
• What about a case study?
• How do taxes work with a Roth?
• Should you convert it all at once?
• What is the basis in the Trump account?
• What is the standard deduction in the year your kid turns 18?
• How many taxes will the kid pay?
• What is return of basis?
• What happens in year 2?
• What can you do once the money is rolled into a Roth IRA?
• What would the total income become?
• How can you make a plan to protect the principal?
• Why is starting early the key?
• What is like planting an oak tree?
• What about required minimum distributions?
• What does Ed Slott say in the Retirement Savings Time Bomb?
• … and more!