Dave said something negative about Trump!

On the Trump accounts, Dave said that I think "Trump is just doing this to beat his chest. There's very little you need a trump account for." And he's right! There's a 5k limit, you use after tax dollars to contribute and then it converts into an IRA(which then when you pull it out you will also be taxed). If you want to save for college use a 529. If you want to save for their retirement a standard brokerage account will work. You pay taxes on gains for that but you get more optionality, and the long term capital gains tax maybe less than taxing it as income if you take it out of an IRA when you're 65.