Savings Account vs 529 vs the New Trump Account for a New Grandbaby — Becoming Financially Confident

Join Ralph Estep Jr (licensed public accountant) & Juliet (not an accountant) as they dive into:

What options are there saving for a grandchild (savings account, Trump Account, 529)
Annual Notice of Change are being mailed out before September 30, and why it matters even if you're not the one on Medicare
Why naming beneficiaries for your 401K and IRA + a story where a missing beneficiary name turned a 12% tax hit into 35%
Dive into the Dollar Job Framework, starting with naming a real money dream, then breaking it down to actionable and digestible bites
This week's money move: opening a high-yield savings account and setting up one automatic transfer

Tomorrow we're breaking down credit reports line by line, so pull yours free at annualcreditreport.com before the show.

Got a money question for me? Send it to us at becomingfinanciallyconfident.com/voicemail .

Or come watch us live every weekday, 11:30 am ET at becomingfinanciallyconfident.com/live .

Links mentioned in this episode:

becomingfinanciallyconfident.com/lawdepot

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