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Halls of Shrewd'm / US Policy
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Author: AdrianC   😊 😞
Number: of 80399 
Subject: Re: Trump Accounts?
Date: 07/06/26 6:42 PM
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ONLY if all the money actually goes to the kids. NO FEES OF ANY KIND. FEES = SCAM.

Trump Account fees for minors are capped by law at a maximum annual expense ratio of 0.10% (or 10 basis points). This means that for every $1,000 invested, annual fees cannot exceed $1.

That's reasonable. Management fee for a Vanguard S&P500 fund in our 529 is 0.1388%. It does cost something to run the fund.
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