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Trump Accounts vs Traditional Savings Tools for Kids: What Parents Need to Know

Posted by HomeWork Solutions on 12/18/25 12:53 PM

At HomeWork Solutions, we support families and professionals on both sides of the household employment relationship — from parents hiring nannies to nannies, caregivers, and other household employees who are parents themselves. Whether you're managing payroll legally or planning for your child’s future, financial responsibility is a shared value. With the introduction of the new Trump Account, many are wondering how it stacks up against more familiar savings tools like 529 plans or custodial Roth IRAs.

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Topics: nanny, senior, CPA, kids savings, Trump account, 529 plan, Roth IRA for kids, money education, HomeWork Solutions blog, family finance

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