What you NEED to know about Trump Accounts for kids? | On Your Side Podcast
Trump Accounts for kids officially launch on July 4th. We’re taking politics out of the conversation, and just talking about the facts with our guest, Christina Lamar, the VP of member services at Copper State Credit Union. What are these accounts? Who can get them? How do you get started? What are the incentives? 00:00 Trump Accounts Explained 01:46 Eligibility and Signup 03:14 Rules Taxes and IRA Basics 04:13 Contributions and Gifting 06:39 Other Savings Options 08:36 Teaching Kids Money 11:18 Saving Goals for Kids 15:25 Investing Mindset and Volatility 17:03 Wrap Up and Resources
