Should You Get A Trump Account For Kids? – Fidelity Investments

Should You Get A Trump Account For Kids?

529s, UGMAs/UTMAs, Roth IRAs for kids, and now the new Trump Accounts. With so many options for saving for children, how do you choose which accounts to open—and where to put your money? To help you decide, Ken Hevert, Head of Self Directed Investing at Fidelity, offers an account hierarchy for building a strong financial foundation for your child. He also demystifies how Trump Accounts work, how to set up a Trump Account, and how to capture a “baby bonus” if you’re eligible.

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