Trump Accounts Are Here (What You Need to Know)

oh George , I just love you! you always make me laugh

If they really cared about your financial success they’d stop the social security tax. The government has and always has wanted to keep you a wage slave

Will the Trump accounts or 529 plans have lower administrative fees?

Video was a little biased. Video didn’t talk about how the Trump account could be applied.

So we are inflating the dollar so people can have our tax dollars for retirement. Nice. 👍🏻 That will work out for sure.

Drop all the "cutesy" jokes and references to banal cultural themes. Stick to the facts. Great content shouldn't be littered with low brow humor. Do this and you'll elevate your content even higher.

Hey George! Can you walk through how to open a parent brokerage account?

@17:06 As a professional magician...i agree George. 100%.

My tax money being used for good

What a bloody scam. Yes, the initial 1k seed money is considered “untaxed” since it’s not post-tax wages… but anything the parents put in IS post-tax wages. So the logical thing is to have the kid pay taxes (when they withdraw) on money that the parents already paid taxes on?? I don’t know many people that would call that anything other than a crock of bull. If ever I have kids (and that’s a huge “if”) then I’ll just do a custodial Roth IRA. These trump accounts are a bloody scam.

Are our tax dollars paying for these Trump accounts?

Came to hear more about Trump accounts. Left because this guy is so hard to listen to. Please stick to the content. You rub people the wrong way when you go on little tangents. 👍🏼

Unfortunately, not all of us were financially literate early in life. I was 48 when I finally took the time to educate myself and start making real changes. At that point, I was $197,000 in debt with zero savings or retirement. Fast forward just two years-I'm now completely debt-free with a net worth of over $3M.
That may not sound like a huge number to some, but to me, it's something I'm incredibly proud of. I'm currently fast-tracking my wealth-building journey, already investing $550,000 and owing absolutely nothing to anyone. Since I joined this channel three year ago, my mindset and financial habits have transformed. It's a good feeling. May God continue to bless you

I’ll take a signed copy of raichu ❤

Form 4567!!!!!!!!!! Can someone please tell me. Are these scripted or purely off-the dome from George?!?

The only benefit is the $1000 for newborns - got it. We have too many accounts, I wish we could consolidate down to one or two tax advantaged accounts that cover education, retirement, starting a business, new home purchase, medical bills, or any other qualified expenses. I even hate that we have FSA and HSA with different rules and limits and restrictions - just simplify already.

You got a like just for the natural birth comment 😂

George, you crack me up 😂

Please stop pulling items from your crotch.

What they should do with social security is slowly shift a portion of it to long term investments (every year 0.5% of social security collected gets shifted to a long term investment in the market).

Enter. Another lie. We’ll see

I need George to open a trading card game pack every episode!

I love these videos and George is a funny guy, but the ratio of good information to goofing around has shifted dramatically

10 to 11% returns is way too optimistic

George being familiar with Roblox raises my eyebrows. Heard some pedo stuff coming from that game on Shawn Ryan podcast 😢

“To be honest, it’s giving Scott’s Totts” 🤣🤣☠️ seriously laughed out loud. Well done

signed my 3 kids up for the $250 from the Dells

Ok so if it's "tax advantaged" but you contribute after tax money and pay taxes on gains when sell... Where is the advantage? I guess the dividend and capital gains while it's inside the account?

So if your baby was born during those dates, and they now become known as the Trump account babies 😄

What I find interesting about the Trump accounts is that employers can contribute up to $2,500 to a child’s account per year. It is a tax deduction for the employer and no tax consequence for the child. I’m thinking this would be a huge benefit to parents that are self employed. Can you speak on that?

No avatar here. My face. My name.

Great video.

Roblox is a really bad game with a lot of trafficking on it. I wouldn’t promote it.

8:40 Sorry, but child birth is only equal to a man's cold on the pain index.

This is just an information grab for DJT. They want the income information of parents and they want private funds the government can lend out. Giving My or my kids info directly to the government is not worth $1k, its priceleass