A TRUMP ACCOUNT IS A ******** SCAM

A TRUMP ACCOUNT IS A ******** SCAM COMPARED TO A 529 I'VE PREACHED A 529 OVER AND OVER AGAIN IF YOU HAVE KIDS OR YOU'RE ABOUT TO HAVE KIDS PLEASE FORGET THAT TRUMP ACCOUNT BS THE TRUMP ACCOUNT IS A ******** SCAM UNLESS YOU GET THAT $1000 THEN OPEN IT AND GET THAT NEVER DO ANYTHING ELSE WITH YOU GET THE 250 BECAUSE YOU ARE IN A PLACE WHERE THE MEDIAN HOUSEHOLD INCOME IS UNDER $150000 THEN GET THAT AND THEN JUST FORGET ABOUT IT PUT ALL YOUR MONEY 529 IF YOU WERE PUTTING ANY MONEY INTO A TRUMP ACCOUNT YOU STILL HAVEN'T MAXED OUT YOUR 529 FOR THE YEAR YOU'RE ******* IDIOT REFRESHER 529 THIS IS AN EDUCATION ACCOUNT MOST IMPORTANT THING TO UNDERSTAND ANYONE CAN OPEN THIS UP IN A KID'S ANYONE CAN CONTRIBUTE TO YOU CAN SEED UP TO FIVE YEARS WORTH OF CONTRIBUTIONS YEAR 1 THEN PUT INTO IT UP TO I THINK IT'S 7000 A YEAR NOW 7100 SOMETHING LIKE EVERY IT INVESTS AND WHEN YOUR KID GOES TO COLLEGE OR SECONDARY SCHOOL LIKE YOU KNOW TECH SCHOOL OR UPPER HIGHER EDUCATION THIS COMPOUNDS OVER TIME AND WHAT IF THEY USE IT FOR EDUCATIONAL PURPOSES IT'S TAX FREE IF THEY'RE SMART ENOUGH TO GO TO COLLEGE WITH ON A SCHOLARSHIP AND THEY DON'T NEED IT THEY CAN THEN USE THAT MONEY AND BEGIN SEEDING THEIR FIRST IRA THE ROTH IRA MAX IT OUT EVERY YEAR FOR FIVE YEARS YOU CAN TRANSFER IT TO OTHER KIDS AS WELL ALSO LET'S SAY YOU DON'T HAVE A LOT OF MONEY TO FULLY PAY FOR THE KIDS COLLEGE THEY HAVE TO TAKE STUDENT LOANS SOMETHING LIKE A TRUMP ACCOUNT COUNTS AS NET WORTH, IT COUNTS AS AN ASSET SO YOU QUALIFY FOR LESS FINANCIAL AID 529 DON'T COUNT YOU COULD ******* $300000 529 DOESN'T COUNT - WHY DO I SAY DO IT FOR A GRANDPARENTS WE'LL BECAUSE OF THE FAFSA STARTING WITH THE 2024 2025 ACADEMIC YEAR OKAY A GRANDPARENT OWNED THIS IS WHY IT'S IMPORTANT IF YOU WERE GOING TO OPEN A 529 YOU NEED TO HAVE THE GRANDPARENTS OF THE CHILD OPEN IT UP OKAY DO NOT OPEN IT YOURSELF A GRANDPARENT OWNED 529 THEY'RE NOT REPORTED AS ASSETS IT'S NOT A LOOPHOLE SO THE GRANDPARENTS OPEN IT UP THEY PUT IN THERE THEY PUT THE KIDS BENEFICIARY AND EVEN IF THEY PASS AWAY IT'S STILL THERE DISTRIBUTIONS AND WITHDRAWALS BOTH OF NO LONGER COUNTED AS STUDENT INCOME SO IF THEY'RE IN THIS WITHDRAWALS NO LONGER ACCOUNTED A STUDENT INCOME THE GRANDPARENTS OPEN IT UP IN THEIR SOCIAL SECURITY NUMBER OKAY THE KID IS THE BENEFICIARY NOT REPORT AS AN ASSET WITHDRAWALS DO NOT COUNT A STUDENT INCOME