Children born from 2025 through 2028 receive a $1,000 automatic deposit.
Trump accounts opened for contributions on July 4, 2026, with a $1,000 automatic deposit for children born 2025 through 2028.
The account carries a $19,000 individual after-tax limit.
For advisors, the automatic deposit removes an administrative step in opening and funding an account for a young child, while the $19,000 limit sets a clear annual gifting ceiling.
Reported by The Advisor's Note desk. Published . Corrections
Only the excess must be withdrawn, and the 6% penalty runs for each year it stays in.
Bell starts April 1, 2027, and Raymond James also named Scott Curtis COO and said Tarek Helal becomes chief strategy officer.
3% of the 1,001 surveyed would consider an AI replacement advisor, Betterment Advisor Solutions found.
Whether a spouse's share avoids probate depends on how the subscription agreement was titled.
Month-end client assets, net new assets, advisor counts and recruited assets for Charles Schwab, Stifel, Raymond James, LPL Financial and Ameriprise Financial, from each firm's own SEC filings.
Practice management, recruiting, RIA M&A and the platforms advisors run on. Daily at 6:45 a.m. ET.
Free. Every morning. Unsubscribe from any edition in one click.