10/15/2026
Families evaluating accounts for children may also hear about custodial accounts. These accounts can offer flexibility, but flexibility often comes with tradeoffs. Before choosing between account types, families should understand who controls the account, when the child may gain access, how the money can be used, and how the account fits into the broader financial plan. These are not small details.
Account structure can affect planning decisions for years. Trump Accounts add another option to the conversation, but they should be evaluated alongside existing tools rather than viewed in isolation. The right choice depends on the family's goals, time horizon, and comfort with the rules attached to each account.
This week, we are looking at why families should compare structure, purpose, and flexibility before deciding where to save or invest for a child.
Read the blog for more: https://tradersblog.semwealth.com/trump-accounts/