Understanding Trump Accounts and How They Compare with Other Savings Options for Minors

Published on January 16, 2026

Major tax legislation passed in 2025 represents the most sweeping changes to the tax code since the Tax Cuts and Jobs Act (TCJA) in 2017. In addition to extending current tax brackets and rates and introducing new tax deductions, the law creates new savings accounts for minors known as Trump Accounts.

Continue reading on website
Other news

Get Real in Your Investing and Planning!

January 16, 2026
Nominal thinking in investing, a form of the "money illusion" bias, is the failure to account for inflation's erosion of purchasing power. The primary problems with this approach are overestimating real returns, misjudging true wealth, and making poor long-term investment decisions based on misleading nominal figures.

Make-Up Work

January 16, 2026
Taking time away due to illness is never ideal. Upon return to school or work, we are greeted with all the tasks we did not complete while incapacitated. The recovery may feel worse than the disease.