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Kidmos: TRUMP ACCOUNT Applications Are Now Open.
Poast new message in this thread
Date: February 11th, 2026 12:42 PM Author: ...,,..;...,,..,..,...,,,;.., applying now
https://www.dansdeals.com/points-travel/banking/you-can-now-file-an-irs-form-4547-to-elect-to-open-trump-accounts-for-your-kids/ |
Date: February 11th, 2026 12:43 PM Author: Judas Jones Trump Presents: The Jeffrey Edward Epstein Memorial Fund for Children (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663226) |
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Date: February 11th, 2026 12:48 PM Author: Dr? Michael Greger (🧐) (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663241) |
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Date: February 11th, 2026 12:56 PM Author: ...,....,,........ (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663262) |
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Date: February 11th, 2026 1:52 PM Author: Roblox (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663446) |
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Date: February 11th, 2026 2:09 PM Author: Trust If Aryan (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663501) |
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Date: February 11th, 2026 3:35 PM Author: @grok, is this true? (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663754) |
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Date: February 11th, 2026 12:45 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., 18000 (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663233) |
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Date: February 11th, 2026 12:48 PM Author: Metal Up Your Ass Are those things CR? I dont see how it could be a bad idea. (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663237) |
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Date: February 11th, 2026 12:48 PM Author: ...,,..;...,,..,..,...,,,;.., cq. one of our kids is born in 2025 so he gets the $1k. not sure if it makes sense to put money in for the other two kids tho. (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663240) |
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Date: February 11th, 2026 12:57 PM Author: tancredi marchiolo Why not you roll it over to Roth at 18
Free money |
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Date: February 11th, 2026 12:48 PM Author: ...,,..;...,,..,..,...,,,;.., for our kid who is born this year, it prompts you to click to accept the $1k, and a bunch of fireworks and confetti explode on the screen. maga (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663238) |
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Date: February 11th, 2026 12:50 PM Author: rubberneck what's the benefit besides newborns getting money?
guilt shaming/virtue signaling is probably the best way to institute wealth taxes on corps and the ultra wealthy. basically it's what libs did with DEI and 'sustainability' nonsense to trickle down corp money to useless minorities and libs. this seems like it's for a better cause. |
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Date: February 11th, 2026 12:52 PM Author: ...,,..;...,,..,..,...,,,;.., cq. what's the difference between this and a 529? i dont get it really (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663256) |
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Date: February 11th, 2026 12:51 PM Author: Paralegal Mohammad (Death, death to the IDF!) so there's no benefit to investing in a 529 assuming no state benefits if this account can be used for education in the same way? (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663251) |
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Date: February 11th, 2026 12:54 PM Author: ...,,..;...,,..,..,...,,,;.., what's the difference between this and a 529?
a trump seems like it cant be used for qualified edu expenses UNTIL they're 18
When can funds be used? Funds can be accessed without penalty when the child turns 18 for qualified expenses like education, a first home purchase, or starting a business. Withdrawals may be subject to restrictions and would be taxed at ordinary income rates. |
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Date: February 11th, 2026 12:55 PM Author: Paralegal Mohammad (Death, death to the IDF!) 529 withdrawals for qualified education expenses are tax-free
this account seems dumb other than the free money |
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Date: February 11th, 2026 12:59 PM Author: tancredi marchiolo I thought the whole point of this was you could have relatives put money into it no issue and roll it over to a roth at 18 (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663269) |
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Date: February 11th, 2026 1:02 PM Author: Paralegal Mohammad (Death, death to the IDF!) secure 2.0 allows conversion of $35k of unused 529 funds to a roth IRA for the beneficiary
and ymmv but my 529 administrator (Utah) allows relatives to contribute to their 529s not that it matters because no one ever has lol. they just give them toys |
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Date: February 11th, 2026 12:59 PM Author: ...,,..;...,,..,..,...,,,;.., seems so. idgi (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663270) |
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Date: February 11th, 2026 12:58 PM Author: ...,....,,........ Sounds like a racket to me:
Individual Contributions: Made with after-tax dollars, meaning no federal income tax deduction.
Employer Contributions: Employers can contribute up to per year (within a total annual limit) on a tax-free basis, which is deductible for the employer. |
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Date: February 11th, 2026 12:58 PM Author: ...,,..;...,,..,..,...,,,;.., holy shit i just realized WHY it's IRS Form 4547.
was that obvious to everyone else? |
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Date: February 11th, 2026 1:00 PM Author: tancredi marchiolo Wait until u read the jewish fine print (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663271) |
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Date: February 11th, 2026 1:00 PM Author: Darnell of course the kikes at dan's deals are rushing in (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663272) |
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Date: February 11th, 2026 1:01 PM Author: ...,,..;...,,..,..,...,,,;.., theyre each gonna have 3 kids betwen 2025-2028. l'chaim! (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663276) |
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Date: February 11th, 2026 1:00 PM Author: ...,,..;...,,..,..,...,,,;.., someone on dansdeals asks a CQ:
Dan, if you need to pay taxes on all the gains when you take the money out, how is this any different than opening a mutual fund for your child now and paying taxes on the gains yearly?
In fact, with regular mutual funds, many times the child doesn’t end up paying taxes, since the yearly gains may be below the $1350 yearly exclusion, while with a trump account, you pay the taxes as a lump sum when you take it out, which can be substantial.
Please advise. Thank you |
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Date: February 11th, 2026 3:30 PM Author: Roblox Can one open a brokerage account for their under-18 child? (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663739) |
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Date: February 11th, 2026 3:33 PM Author: ...,,..;...,,..,..,...,,,;.., yes, they're UTMA/UMGA accounts. we have regular vanguard accounts for all three kids. (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663749) |
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Date: February 11th, 2026 3:36 PM Author: lsd Form 4547 is a nice touch (http://www.autoadmit.com/thread.php?thread_id=5833635&forum_id=2),#49663758) |