New planning strategies often create confusion for both advisors and clients, especially when complex rules, unfamiliar terminology, and political branding create barriers to clear communication and objective analysis. With the introduction of Section 530A “Trump Accounts,” advisors must navigate new contribution structures, tax treatments, and planning use cases while determining where these accounts fit relative to more established vehicles like 529 plans and custodial accounts. In this webinar, Ben Henry-Moreland breaks down the core mechanics of Trump Accounts, including contribution types, growth-period restrictions, distribution rules, and post-age-18 planning strategies such as Roth conversions. He also highlights key pitfalls, including gift tax concerns, kiddie tax implications, and state-level tax differences, while offering practical guidance on how to explain these accounts to clients. This webinar concludes with a framework advisors can utilize when evaluating whether Trump Accounts align with client goals, particularly in the context of retirement-focused gifting strategies for children.
Learning Objectives:
- Define the key features and structural components of Section 530A Trump Accounts, including contribution rules and the growth period.
- Summarize the different contribution options for Trump Accounts, including their limits, tax treatment, and key planning considerations.
- Analyze planning considerations during and after the growth period, including investment restrictions, tax treatment, and available rollover options.
- Analyze the planning trade-offs between Trump Accounts and alternative savings vehicles (e.g., 529 plans, custodial accounts) based on client goals.
- Apply a framework to align the use of Trump Accounts with client objectives and broader gifting goals.
Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.
Continuing Education (CE): 1.5 Credits
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI, and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes.
For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.
NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are my/our own and do not necessarily reflect the views of NASAA or any of its member jurisdictions
For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 75 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.
All attendees who meet the minimum attendance requirement of 75 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state-level insurance licensing although some states may accept completion certificates if you self-report.
Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible.
Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.
Ben took an irregular path to financial planning, earning a degree in vocal performance and working as a professional opera singer before pivoting to finance in 2012. Prior to joining the Kitces team, he worked in institutional investment consulting and wealth management. While working in those fields, Ben’s artistic roots and experience as a freelance musician shed light on a service gap in the finance industry, which in turn led him to found Freelance Financial Planning, an RIA specializing in financial planning and tax preparation for self-employed professionals, which he owned and ran from 2018 to 2023. Ben draws on his experience and lessons learned as an advisor and firm owner in his writing and speaking for the Kitces platform.
