Trump Accounts Explained
Trump savings accounts are tax deferred custodial investment accounts designed to give children a head start on retirement savings, with $1,000 in initial funding for children born during the Trump presidency. Donna discusses the merits of the new program, the benefit of developing early savings habits, and alternative custodial options that may be a better fit for some. Also on MoneyTalk, supersizing your retirement savings, and considerations for transferring wealth. Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 7/27/2026. Have a question for the hosts? Leave a message on the MoneyTalk…
The skinny
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