The government just created a brand new investment account type called "Trump Accounts" (yes, that's the real name). Here's what you need to know:

✅ $1,000 government seed money for eligible babies

✅ Parents can contribute up to $5,000 annually (ages 0-18)

✅ Low-cost index funds only (expense ratios under 0.1%)

✅ Works like a traditional IRA starting at age 18

I break down how this compares to 529 plans for college savings and share a potential Roth conversion strategy that could be helpful for young adults in low tax brackets.Trump Accounts launch July 2026 - but if you're having a baby between now and 2028, this could be a game-changer for their financial future.

Disclaimer: There will be more details coming as the government releases additional information.

If you want to get personalized advice, book a call with me at https://forthrightfinances.com/start-my-retirement/