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How Trump Accounts Could Transform Generational Wealth (And Your Practice)
How Trump Accounts Could Transform Generational Wealth (And Your Practice)
Angie Toney
September 05, 2025
Let’s dive into the Trump Accounts created under the OBBBA.
What’s really underneath is a wealth-building tool for the next generation, and a way for tax professionals like you to deliver clarity, impact, and undeniable value to families looking for smart ways to secure their children’s financial future.
Too often, tax pros get stuck only handling compliance work.
But isn’t that the heart of what we do as tax professionals? We take the complex and make it clear. We take the intimidating and make it achievable.
My challenge to you this week is to not just learn about Trump Accounts, but to reframe them for your clients. Imagine sitting across from a parent or grandparent and showing them that a small, consistent contribution over time can lead to a million-dollar tax-deferred retirement account for their child.
You become indispensable.
(Read until the end to learn more)
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Deep Dive: Trump Accounts as a High-End Strategy
Trump Accounts are essentially traditional IRAs with special provisions for under-18 beneficiaries. They start with $1,000 of free federal money for eligible newborns (2025–2028), and allow up to $5,000 in annual contributions starting in 2026.
Why this matters for your clients
Parents and grandparents can leverage these accounts to create long-term tax-deferred growth for children.
Imagine: $5,000 annually for 17 years, growing at 5%, equals $138,000 by age 18. Left untouched until age 60? That balloons into over $1.2 million.
That’s a generational wealth strategy sitting right inside a tax bill most people will skim past.
How to position it
This is your chance to stand out. Most tax pros won’t talk about Trump Accounts until the IRS finalizes the rules.
But your high-net-worth clients, entrepreneurs, and professionals with young children need to hear it from you now.
Frame it as a long-term retirement and wealth-building plan for children — an alternative to 529s or custodial accounts, with potentially more flexibility and impact.
Key takeaway: This isn’t just about saving money. It’s about showing clients that you think differently, spot opportunities before they’re mainstream, and care about their family’s future as much as their bottom line today.
Love Letter to Tax Pros: Change creates opportunity.
Sometimes, the tax code gifts us strategies that at first glance feel too “out there” to be practical. Trump Accounts are one of them.
The ability to set up an account for a child, start it with $1,000 of government-funded seed money, and build toward seven figures over a lifetime is a powerful wealth story.
It won’t be for every client. It won’t replace 529s or custodial accounts. But for families thinking about legacy, tax deferral, and flexibility, it’s an option that could set you apart as the advisor who sees what others miss.
Here’s my encouragement to you: don’t dismiss new provisions because they look unusual.
Instead, lean in. Learn them. Frame them in ways your clients can understand.
And most importantly, use them as a way to build deeper trust. Because at the end of the day, that’s what separates a good tax pro from a great one.
You are a strategist they can count on
At the heart of this week’s discussion is a bigger principle: the strategies you choose to share with your clients say something about you.
You can be the professional who files forms, or you can be the advisor who builds futures.
This forward-looking thinking separates premium advisors from the rest.
May this edition inspire you to look deeper, ask better questions, and step into a leadership role for your clients.
That’s what The Executive Touch is all about. We’re helping you create confidence, clarity, and impact in every client interaction.
Stay bold this week.
Your next premium client is already looking for someone who thinks the way you do.
Warmly,
Angie Toney
Founder, The Executive Touch
Disclaimer
The content shared in this newsletter, including any strategies, tax scenarios, or business insights, is intended purely for educational and informational purposes and should not be taken as personalized professional advice. Examples discussed are illustrative in nature and not guarantees of any specific tax outcome or business result. Your results may differ based on your unique circumstances, efforts, and changing external factors.
Remember, tax and business decisions are highly individual and influenced by many factors such as evolving regulations, personal expertise, and market conditions. We encourage you to seek advice from qualified tax and financial professionals before making significant decisions that could impact your business or finances.