Trump Accounts explained (2026): how they work, who qualifies for the $1,000 government contribution, and whether they’re actually worth using compared to a 529 plan, Roth IRA, or custodial account.

Trump Accounts are a new investment account for kids created under 2025 legislation. The accounts promise $1,000 in initial funding from the government and allow up to $5,000 per year in contributions, but the tax treatment is very different from other strategies families are used to.

In this episode, we break down:

• What Trump Accounts are and how they work
• Who qualifies for the $1,000 government contribution (2025–2028 births)
• Contribution rules, including employer and third-party funding
• How withdrawals are taxed (ordinary income vs capital gains)
• Trump Accounts vs 529 plans, Roth IRAs, and custodial brokerage accounts

Have questions?

Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.

http://bit.ly/calltruewealth

Get your customized planning started by scheduling a no-cost discovery call: http://bit.ly/calltruewealth

If you’ve inherited an IRA, the rules have changed — and getting them wrong can be costly.

The SECURE Act replaced the old “stretch IRA” with a 10-year distribution rule for most non-spouse beneficiaries, creating new complexity around when and how withdrawals must be taken. Many beneficiaries don’t realize that in some cases, required minimum distributions (RMDs) still apply within that 10-year window.

In this episode, Tyler Emrick, CFP®, CFA®, breaks down how the 10-year rule works, who it applies to, and the key mistakes that can lead to unnecessary taxes and penalties.

Tyler covers:

• How the 10-year rule works for inherited IRAs
• When annual RMDs are required — and when they’re not
• Exceptions for eligible designated beneficiaries
• Key considerations when a trust is named as beneficiary
• Tax planning strategies to avoid bracket creep

Have questions?

Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.

http://bit.ly/calltruewealth

Get your customized planning started by scheduling a no-cost discovery call: http://bit.ly/calltruewealth

Social Security is often treated as a simple decision — pick an age and file. But for couples, it is much more than that.

In this episode, Tyler Emrick, CFP®, CFA®, explains how Social Security decisions should be coordinated between spouses and why the timing of those decisions can impact your retirement income by $100,000 or more.

With growing concerns around system changes and long-term funding, making the right decision matters more than ever.

Tyler covers:

• The three types of Social Security benefits couples need to understand
• Why the higher earner’s decision has the biggest long-term impact
• How to coordinate timing between spouses
• Key considerations like working while claiming and the earnings test

Have questions?

Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.

http://bit.ly/calltruewealth