In our first article, we explained how Trump Accounts work, who qualifies, and why they represent a new way to save and invest for children. Once you understand the taxation of Trump Accounts, the logical question one might ask is: "Why not just open a brokerage account for my child instead?" The answer to that question depends upon your goals. At first glance, a traditional brokerage account may appear more attractive from a tax perspective. But when you look beyond the firs

This first article in our three-part series explains what Trump Accounts are, who qualifies, how they can be opened and funded, and why families may want to include them in a broader long-term planning strategy. Key takeaways Trump Accounts are the first retirement-style account that allows meaningful annual contributions for a child without requiring earned income. Opening an account may be the first practical step when a child qualifies for the $1,000 pilot contribution or

Social Security plays a crucial role in the financial security of more than 70 million Americans. For 2026, the Social Security Administration has announced several important updates affecting retirees, workers claiming early benefits, SSI recipients, and individuals with disabilities. Below is a comprehensive overview to help you stay informed and plan financially for the year ahead. 1. A 2.8% Cost‑of‑Living Adjustment (COLA) The biggest change for 2026 is the 2.8% COLA appl