Parents today have more options than ever when it comes to saving and Investing for their children's future. In this episode, Julina sits down with fellow Wealth Advisor Andrew Cialek, CFP®, to discuss the new Trump Accounts, how they work, who may benefit, and where they fit alongside 529 plans, custodial accounts, Roth IRAs, and other savings strategies. More importantly, they explore how these accounts can spark meaningful conversations that help raise financially confident kids.
Timestamps
2:00 – What are Trump Accounts and who qualifies?
5:00 – Is the $1,000 government contribution enough to make a difference?
7:00 – Why starting early matters and the power of long-term investing
9:45 – Trump Accounts vs. 529 plans, UTMAs, and other savings options
13:00 – Understanding the tax implications of each account type
16:00 – Why there isn't a one-size-fits-all solution
18:00 – The emotional side of saving for your children's future
21:30 – Helping kids build healthy financial habits from an early age
Connect with Julina Ogilvie:
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Email- [email protected]
The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. The statements and opinions expressed in this podcast are those of the author. PWP cannot guarantee the accuracy or completeness of any statements or data. For current PWP information, please visit the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with PWP’s CRD #290180
