02/07/2026
Have you heard about the Trump Accounts? WAIT, this is actually a worthwhile and beneficial tool to help Jumpstart the youths lives.
Starting 5 July 2026, any child born between (1 January 2025 and 31 December 2028) is eligible to have a Trump Account setup with an initial deposit of $1000.00 from the US Treasury - That's FREE money that grows in value!
You will opt-in on your Tax Return.
The account is setup FULLY in the child's name with the parent as the Custodian until age 18. At 18 years of age, the child can withdraw the investment for education or home purchase use WITHOUT penalties.
The Trump Account is a Traditional IRA which allows a yearly contribution up to $5000.00 to assist in seeing your account total reach maximum account value.
Now, let's be clear - You Do Not have to contribute to open and take advantage of the Trump Account. Without contributing, the account still opens with $1000.00. Contributing Will DEFINITELY help the account compound and increase in value over time, BASED on the profit/loss of the American companies that are invested in through the account.
JERNIK Tax Solutions
Jere B. Mebane Jr.
#336-255-0111: txt or voice
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