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mahatmakanejeeves

(69,642 posts)
Mon Mar 23, 2026, 07:57 PM Monday

The Hack That Turns Trump Accounts Into Multimillion-Dollar Tax-Free Nest Eggs

The Wall Street Journal
‪@wsj.com‬


The Trump accounts coming this summer let parents jump-start tax-advantaged retirement savings for a child at birth.

By the time the kids retire, they could end up with giant retirement accounts.

🔗 Read more: on.wsj.com/47Y70WP


4:55 PM · Mar 23, 2026

The Trump accounts coming this summer let parents jump-start tax-advantaged retirement savings for a child at birth.

By the time the kids retire, they could end up with giant retirement accounts.

🔗 Read more: on.wsj.com/47Y70WP

The Wall Street Journal (@wsj.com) 2026-03-23T20:55:04.372574Z


Personal Finance

The Hack That Turns Trump Accounts Into Multimillion-Dollar Tax-Free Nest Eggs

The real power play is to stuff these accounts and then convert them into Roth IRAs for long-term tax savings

By Ashlea Ebeling
March 23, 2026 12:00 pm ET

The Trump accounts coming this summer let parents jump-start tax-advantaged retirement savings for a child at birth.

By the time the kids retire, they could end up with giant retirement accounts. The real power play is for parents to contribute $5,000 a year for 18 years, then help them convert the account to a Roth IRA so that it can ultimately be accessed tax- and penalty-free.

{paywall}
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The Hack That Turns Trump Accounts Into Multimillion-Dollar Tax-Free Nest Eggs (Original Post) mahatmakanejeeves Monday OP
For working class parents markodochartaigh Monday #1

markodochartaigh

(5,523 posts)
1. For working class parents
Mon Mar 23, 2026, 08:01 PM
Monday

who have difficulty coming up with $5,000 a year for each of their children, maybe these parents could dip into their own trust funds.

/$

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