OPENING A TRUMP ACCOUNT
Trump Accounts Give The Next Generation
A Jump Start On Saving
The Working Families Tax Cuts allows parents, guardians and other authorized individuals to establish a new type of individual retirement account for their children, called Trump Accounts.
The account is for a child who has not turned age 18 before the end of the calendar year in which the election is made and has a valid Social Security number. It features a pilot program contribution of $1,000 for children born between Jan. 1, 2025, and Dec. 31, 2028, and who are U.S. citizens with a valid Social Security number.
Why Open a Trump Account?
Because every American child born between January 1, 2025 and December 31, 2028 gets $1000 to invest for their future self. That's free money, and a deal to good to pass up.
Who Owns the Trump Account?
Your child is the owner of the account. It's fully in your child's name, and you are the sole custodian until they turn 18.
What Happens with the $1000?
You or a professional investment manager like Noble Street can invest and manage the money and let it grow. You can also add up to $5,000 per year to maximize growth.
Sounds Good. How Do I Get Started?
There are two ways you can open a Trump Account. The easiest way is to download the Trump Accounts app to your phone from the Google Play store, or Apple store. The other way is to go to the IRS website. It's a little more work, but still a simple process.
Click HERE to be redirected to the IRS Trump Accounts website to open the account onliine.
What if I need Help?
If you need assistance with opening a Trump Account, feel free to reach out to Noble Street. We would be more than happy to help you take advantage of this financial opportunity.
For more information click here Trump Accounts
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