You've probably heard the term Trump Accounts being thrown around for a while, but they're finally becoming a thing...
You can now sign up for your kids to get their Trump Accounts!

Simply request an account for your child by filing IRS Form 4547 which can easily be done through the Trump Accounts website:
https://form.trumpaccounts.gov/

Here's a quick summary of the facts:
- The Trump Account will be held in your child's name (with you as the custodian) and the money will remain in the account until they reach 18.
- Beginning in July the government will be depositing $1,000 for any child born from 1/1/2025 - 12/31/2028
- The money will be invested using index funds targeting long-term growth with minimized risk (think S&P500)
- Growth will be tax deferred like a traditional IRA and will be taxed upon withdrawal
- At 18, your child will be able to make withdrawals. Qualified expenses like education or first home purchase will be taxed at ordinary income rates and not incur any penalty, other uses may be restricted/penalized.
- Parents, friends, or employers are allowed to contribute another $5,000 annually to the account for your child, and there's a possibility some corporations will be adding grants for additional deposits.

The only thing you need is to provide dates of birth, social security numbers for you/child, and your contact information.

Rest assured there will be some tax and technical details that will need to be ironed out, but can't see any down side to getting the account.

So why wait? Click on the link above and get the ball rolling!