The Abundance Mindset

"Trump Accounts" for Children - How They Work and How They May Fit a Financial Plan


Listen Later

Trump Accounts are a brand new acconut type for children that has been created as a part of the recent 2025 One Big Beautiful Bill. But what are they really, and how do they compare to other accounts you can open for children? In this episode, Ben and Allison cut through the noise to explain how these accounts function, where they fit in a financial plan, and who might actually benefit.


In today’s episode of The Abundance Mindset, you’ll learn:

•What the Trump Accounts are and why they were introduced

•How they compare to existing accounts for children

•Tax implications and planning opportunities

•Who should consider them (and who might not need them)

•Smart steps to take before deciding if they fit into your strategy


Visit our website to request a complimentary consultation to see if Trump Accounts make sense in your personal financial strategy: https://www.abundancewm.com


DISCLAIMER


The discussions contained in and referred to in this podcast are provided for educational, informational, and entertainment purposes only. The information, statements, comments, views, and opinions expressed or provided are not necessarily those of Abundance Wealth Management LLC and may not be current. Abundance Wealth Management LLC does not make any representation or warranty as to the accuracy or completeness of any of the information, statements, comments, views, or opinions contained in this podcast, and any liability therefore (including in respect of direct, indirect or consequential loss or damage of any kind whatsoever) is expressly disclaimed. Abundance Wealth Management LLC does not undertake any obligation whatsoever to provide any form of update, amendment, change or correction to any of the information, statements, comments, views, or opinions set forth in this podcast.


Securities offered through Van Clemens & Co., member FINRA/SIPC. Advisory services offered through Van Clemens Wealth Management, a registered investment adviser. Van Clemens & Co. and Van Clemens Wealth Management are separate entities from Abundance Wealth Management.


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The Abundance MindsetBy Allison Cline CFP®, ChFC® & Ben Cline CRPS®

  • 5
  • 5
  • 5
  • 5
  • 5

5

17 ratings


More shows like The Abundance Mindset

View all
Stuff You Should Know by iHeartPodcasts

Stuff You Should Know

78,273 Listeners

The Daily by The New York Times

The Daily

112,454 Listeners

Up First from NPR by NPR

Up First from NPR

56,402 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,362 Listeners