Is Trump really offering $1,000 for every child through a new MAGA Account? In this video, Certified Financial Planner Colin Exelby breaks down what the MAGA Account actually is, how it works, and whether it’s a smart move for your child’s financial future. From federal contributions and compounding investment growth to the pros and cons of contributing your own money, Colin compares it to 529 plans, tax credits, and past government proposals. He explains what’s at stake, how the account could be used for education, a first home, or even starting a business—and why it might be one of the most impactful financial tools for the next generation if passed. Don’t miss this deep dive into a proposal that could reshape the way America helps its kids build wealth.

#MAGAAccount #Trump2025 #ChildSavings #CompoundInterest #FinancialPlanning #BabyBonds #529Plan #KidsWealth #Election2025 #wealthbuilding

00:00-Intro

00:20-What is a MAGA Account?

00:35-What it Means For You?

01:37-How the MAGA Account Works?

03:28-Child Tax Credit vs MAGA Account

04:10-MAGA Account Mechanics

06:05-Strategy & Recommendation

07:15-Political Gimmick or Opportunity?

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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

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