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I don’t know that I’d call it refusing, but I’m not interested. I don’t need Trump to get my kids in a strong financial position.
Thank you for the kind words from a fellow MD, MD2. Actually all kids are eligible for the Trump accounts. Only a small portion get $1k.
Tanking USD and rising inflation with worst job market in the decade. The dude is more focused on international wars and playing UN- $1000 is a pittance compared to how the tax dollars are getting invested. Oh yeah, tariffs - good to get some refund from that extra tax I have paid all year long.
Anyone who think this should be a question needs to get their heads checked. He works for you and your money, not the other way round. A elected leader Naming something after themselves while in office is the most un American thing I’ve seen
PG1: You really can't make this stuff up.
Rising Star
OP - The way you phrased this question makes me ask the more important one - you’re still a supporter, after you reviewed the E files? Not a single one of the million name mentions, nor the pictures and videos of kids, bother you?
Why does he attach his name to everything?
Narcissists and wanna-be dictators and kings do this. See also Modi in India, he attached his face to every Covid vaccine certificate, as if he invented it.
other than the initial 1k investment I just don't see how it's set up in an advantageous way. you are better off just investing in a brokerage.
at the moment, I don't envision using it but not because of the name.
And that 1k investment is only for kids born in specific years
$1K for this, $1K for insurance - it’s a game to make people think he’s got their interest. Don’t pay attention to those rising prices, I’m giving you $1K
::look over here::
P1 you got it!
They can call it whatever they like. I'll take it.
This guy thinks one thousand dollars is a lot of money because it’s a lot of letters and hard to pronounce
You can oppose Trump and still profit from market conditions that exist under his administration. I support strong social systems, education, and women’s healthcare, but my investments are performing well in the current GOP environment. I’ll take the returns and free cash where they exist, without crediting the rhetoric and sentiment that helped create them.
As long as it’s good I don’t generally care what it’s called or which party implements it.
So this account is not a handout then? I am sure you would have decried it as such if Obama had come up with it.
I have heard of this, but must confess I know absolutely nothing about it. If the Accountants in this bowlof EY don’t see the benefit, there must not be one.
Deposit 5k per year, convert to Roth IRA at age 18 in very low tax bracket. Great deal. What am I missing?
Never
Even the racists who hated Obama enrolled in healthcare.
No
F
Of course they will.