Trump Accounts - 0.2 Nano CPE

A New Account Type Will Reshape Family-Level Tax Planning.

Trump Accounts represent one of the most significant changes to long-term savings and tax-advantaged planning in decades. These accounts blend features of custodial accounts and IRAs while introducing entirely new eligibility, funding, and investment rules.

This course explains how Trump Accounts work, how they are funded, and how tax professionals can help families avoid costly compliance mistakes while maximizing long-term planning opportunities.

Learning Objective

Determine how Trump Accounts are established, funded, invested, and taxed, and identify planning considerations for contributors and beneficiaries.

Course Description

This nano-learning course explains the structure, funding rules, and tax treatment of Trump Accounts established under recent federal legislation. Participants learn eligibility requirements, contribution limits, investment restrictions, and key planning considerations when accounts convert to traditional IRAs.

Best Suited For

Tax professionals advising families with minor children, clients receiving employer benefits under IRC §128, or households seeking long-term tax-advantaged savings strategies for future generations.

Why This Knowledge Is Valuable

Because Trump Accounts operate under rigid contribution, investment, and withdrawal rules, treating them like ordinary savings or custodial accounts can trigger excess contributions, penalties, or lost benefits. Professionals who understand these rules can help families coordinate funding sources, preserve basis, plan Roth conversions, and avoid compliance traps that are likely to surface during early adoption years.

Author / Instructor

Lee T. Reams, Sr., BSME, EA
Lee T. Reams, Sr., EA, is the Editor-in-Chief of CountingWorks and a nationally respected tax educator. He is known for helping practitioners understand and apply complex tax rules through clear, practical guidance.

Course Details

This course qualifies for NASBA continuing professional education credit. CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Stay Ahead of Emerging Planning Tools

Start A Comprehensive Guide to Trump Accounts for Tax Accountants and gain the clarity needed to advise clients on a new and evolving savings option.