How to balance new "Trump Account" for kids

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My husband and I do financial planning every 6 months. 6 months ago I had a baby. This baby will be eligible for the seed money in the new "Trump Account." I have a slightly older daughter born in 2023. We have a 529 and UTMA for her that we've been contributing to since she was six month old. I'm wondering how to balance this out and make it fair since he gets extra seed money right off the bat. I'm also not sure if I should have a UTMA for him or just do the new Trump account or what. Some people have told me to just wait and see what happens with those accounts before making any moves. What do you guys think? How are other parents handing this?

Posted Jan 13, 2026, 11:59 PM UTC

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