@socalminh: 💰 Trump Account or Custodial Roth IRA… which one would I choose? The answer depends on your family’s situation. If your child qualifies for the $1,000 government contribution (children born between January 1, 2025, and December 31, 2028), I’d absolutely take the free money. Free money is free money. But once a child has earned income, I’d personally lean toward a Custodial Roth IRA for several reasons: ✅ Higher annual contribution limit (subject to the child’s earned income) ✅ Investments can grow tax-free ✅ Qualified withdrawals in retirement are tax-free ✅ Contributions (not earnings) can generally be withdrawn without taxes or penalties, giving families more flexibility One of the biggest lessons I want Enzo to learn isn’t which account is “best.” It’s that starting early is what builds wealth. The sooner you invest, the more time compound growth has to work in your favor. This video is my personal opinion and educational only—not tax or investment advice. Every family’s situation is different, so talk with a qualified tax professional or financial advisor before making investment decisions. What would you choose for your child—a Trump Account or a Custodial Roth IRA? Let me know why in the comments. 👇 #PersonalFinance #InvestingForKids #RothIRA

socalminh
socalminh
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Region: US
Wednesday 01 July 2026 15:35:53 GMT
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delgna7
deedee :
But can you start a Roth IRA on a minor with no job? With the Trump account you can start it with the child not having a job and then once they reach 18 can you then just convert it to a Roth IRA?
2026-07-08 02:13:54
6
vessel616
user9688373027636 :
Can I open a Roth IRA for a 4 year old
2026-07-01 20:23:20
4
jesse90006
jepe :
you can have both tho...
2026-07-01 20:09:59
13
darrillschoonove4
darrillschoonove4 :
Which 3 ETFs?
2026-07-02 19:44:38
7
gikama12
username :
how do you open a roth IRA for a 2 year old? do you need proof they work?
2026-07-18 05:31:23
5
j.mendoza222
JJ :
When you open a Roth IRA do you invest every single time you deposit? And do you do it manually? Or do you invest just once after your first deposit?
2026-07-09 19:36:23
2
scoobydoobie81
scooby doobie :
Such a crazy analogy. How many parents start saving for their kids the day they're born? Very very few, this gives kids something.
2026-07-01 20:21:47
8
pao.0433
pao.0433 :
But why not have multiple sources of income?? I would do Roth IRA and Trump Accounts because you’ll have more money.
2026-07-17 12:29:42
2
d.a.photography25
D.A Photography :
I did the Trump account because it’s free money.
2026-07-14 19:34:07
5
jam_not_jaimme
Jamie Abbott :
Thanks for the advice
2026-07-04 10:38:24
2
derek.stepanian
Hotstepper Gen❌ :
I truly wish growing up I was more educated on finances. I hope this young man realizes the wealth of information that he's getting from. I assume his father
2026-07-01 21:17:40
9
the.justb
Just B :
NICEEEEE
2026-07-01 20:51:53
6
gabriellaflorenciaa
Gabriella :
Any guide for newbies?
2026-07-12 13:40:05
2
seneca.the.stoic
Seneca The Stoic Penguin :
Multifamily. Property only
2026-07-09 20:13:06
2
enro38
@EstebanR :
What are your 3etfs?
2026-07-07 14:36:55
4
thehappyone84
Morningstar :
How do we open a Roth account?
2026-07-01 21:19:14
5
culturedbeauty1
culturedbeauty1 :
Yesss - 👏👏👏
2026-07-01 15:57:13
8
clayoglesby
Clayo :
Not needing earned income is a game changer though. From age 0-9 I'd say it's a fine account.
2026-07-01 15:42:27
8
marine_11_usmc
Marine_11_USMC :
What about a Roth conversion at 18?
2026-07-05 19:33:40
4
autumnpinesdesigns
autumn :
VOO, QQQM & VXUS? (Or VTI or SCHD)
2026-07-09 17:10:09
2
vinny.060
່ :
is s&p 500
2026-08-24 05:23:10
0
user79986954562536
user79986954562536 :
lovely
2026-08-28 11:35:47
0
kim.tae.lin
Tae Lin :
At 18 they can do a backdoor Roth conversion
2026-07-09 22:51:41
2
kathy_hakuna_matata
Kathy Hakuta Matata :
I would never put money into anything with that name. history showed that about 90% of things with that name on it/ attached to it goes bankrupt or was a scam. that name should be viewed as a warning sign to stay clear.
2026-07-04 02:57:03
4
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