The smartest way of using a Trump account for your kids:
1 - Contribute as much as you can every year when they are growing up
2 - At the age of 18, it automatically becomes a Traditional IRA
At that point, you can start converting it to a Roth IRA
Part of the converted amounts (the investment gains) are subject to taxes, but you can stagger the conversion over a few years to keep it tax-efficient
3 - Now, you unlock two big benefits:
First, the amount converted is something your kids can access 5 years after conversion both tax-free and penalty-free... at any time, for any reason
Secondly, your children now have a massive base in a Roth IRA at a very young age that keeps growing and compounding
Left alone, even with no new dollars after age 18, your kids Roth IRA can compound to 8-figures by the time they retire
And since it's now in a Roth IRA, they would owe no taxes
If you can choose where to work, work somewhere that will help invest in your Trump account. $5k/yr will leave you with $13M at 55. Sorry, but that’s a huge amount of money.
If you have this choice but don’t want that because it’s called a “Trump Account”, you’re a retard.
100% irresponsible retard.
That’s your kids speaking btw.
Marco Rubio says that in the next few months, the U.S. government will use facial recognition to authenticate your photos for your passport, eliminating the need to go to Walgreens or CVS for a passport photo.
Rubio says this is being done for your own good and to save you time.
"Our security system will verify the facial ID."
🚨 BREAKING: By stroke of pen, President Trump raises the H-1B Visa fee from $1,000 to *$100,000,* and directs the Secretary of Labor to revise the wage rules to make it much harder for companies to hire foreigners in replacement of American workers.
Massive win.
“I work the front desk at a small doctor’s office, and I wish people could see what happens on the other side of the phone.
Every day, older patients call us confused.
They are told to use the patient portal, upload documents, check lab results online, fill out forms before the visit, and confirm everything through a link.
Some of them do not know what a portal is.
Some do not have a smartphone.
Some have one, but they are afraid to click the wrong thing.
Last week, a man in his late 80s called about his test results.
He said, “Ma’am, I don’t mean to bother you, but the computer says I have a message and I don’t know how to open it.”
He sounded ashamed.
That broke my heart.
He should not have to feel ashamed for needing a human being.
Technology can be helpful. I understand that.
But when people who built this country are made to feel helpless because everything became a login and a password, we have gone too far.
Not everything needs to be an app.
Not every answer should be hidden behind a screen.
Sometimes people need a voice.
A patient person.
A real human who says, “Don’t worry, I can help you.”
Progress should not leave seniors behind.
Because one day, the world will move faster than us too.
And I hope someone is kind enough to slow down.
~Unknown
🚨#BREAKING: A police officer in Phoenix has rented out an ENTIRE 144-SEAT MOVIE THEATER for over 100 middle schoolers after their end-of-year field trip fell through, so they could see Toy Story 5.
When they got there, he realized many couldn't afford popcorn or drinks...
..so he bought EVERY SINGLE ONE OF THEM popcorn, candy, and a drink too.
His name is Sean Reavies,
For many kids, it was their first time ever inside of a movie theater in their lives.
When the kids asked how they could pay him back, he told them:
"As you get older in life, help other people. As a payback to me. Would you do that? That's all I ask of you."
MORE OF THIS!!!!! 🇺🇸🇺🇸🇺🇸
Elon Musk: "A friend is someone who's going to support you in difficult times. I suppose a friend in need is a friend indeed, like if someone's still supporting you when the chips are down, that's a friend."
@neuralink This was amazing to watch and realize just how much of an accomplishment this is. Wow! The people who participated in this advancement are heros and the people it can help live beyond just their handicaps just startled me. So cool…
🚨 HOLY SMOKES: Sec. Robert F. Kennedy Jr. and Dr. Oz have just announced OVER *ONE MILLION* PEOPLE are on Obamacare with NO Social Security number…
🤯🤯
It’s one big racket! Shut it down!
“They submit applications for fake people and enroll stolen identities all to collect millions of dollars in fees from insurance companies for selling plans they never legitimately sold!”
“The Obamacare marketplace is plagued by fraud, in large part because the Biden administration dismantled basic program integrity guardrails.”
“More than a million people enrolled in Obamacare without social security numbers on file. That is a glaring warning side of fraud.”
“If even a single person was on Obamacare with no social security number, we should have found out why are we paying people who we don't know if they actually exist.”
“Shady insurance agents and other bad actors have been getting paid to enroll unsuspecting Americans in health plans they never signed up for.”
“Thanks to this aggressive enforcement strategywe've already eliminated thousands of fraudulent policies and we're just getting started.”
“We’re also working with insurers to cancel every policy that should never have been issued and recover every tax payer dollar that was fraudulently paid out.”
This is why we need to pass Trump’s plan!