Is anyone planning on opening a Trump account for their kids? Why/why not?

funnyhelpful
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I don't want to be associated with anything that has his name on it.

funnylikeuplifting

Smart

We did. It’s free money for our son. Not planning on putting any additional money into it though.

I hope a later administration changes the name.

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Hopefully will be changed by a future Congress then.

I'm not having anymore kids so no

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FYI: "The main cons of opening a Trump Account include restricted liquidity, as funds are locked until the child turns 18. Potential tax complexities, as withdrawals are taxed as ordinary income rather than being tax-free. Additionally, these accounts offer limited investment choices, restricted to specific index-tracking funds, and require tracking pre-tax vs. post-tax contributions."

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