Trump Accounts: Rules, Limits, Use Cases and Eligibility
The IRS created Trump accounts as tax-deferred IRAs for minors. Here’s what parents need to know about contributions, investments, and Roth conversions.
Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him on the About Page or on his personal site RobertFarrington.com.
He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future.
He has been quoted in major publications, including the New York Times, Wall Street Journal, Washington Post, ABC, NBC, Today, and more. He is also a regular contributor to Forbes.

The IRS created Trump accounts as tax-deferred IRAs for minors. Here’s what parents need to know about contributions, investments, and Roth conversions.

The 8th Circuit reversed the district court’s dismissal of the SAVE lawsuit and ordered the December 2025 settlement entered as final judgment. Here’s what borrowers need to do.

The SAVE settlement also bans REPAYE, the plan used to calculate PSLF Buyback offers. IBR is the likely replacement — and it’s more expensive. Here’s what to do now.

The main tax deadline in 2026 personal taxes is Wednesday, April 15, 2026. Find out when taxes are due for estimated taxes and other key dates.

Senators Merkley and Sanders sent an urgent letter to Ed Secretary McMahon demanding a SAVE Plan timeline after a federal court ended the repayment freeze.

Four borrowers sued the Education Department Monday to force SAVE plan student loan forgiveness. Here’s what it means for 7 million borrowers.

Undergraduate, graduate, and PLUS student loan rates listed by year. Learn how the Treasury formula works for setting federal student loan interest rates.

Pension freezes are returning. Learn how workers can replace lost retirement income with 401(k)s, IRAs, and HSAs after benefit changes.

Can a no-buy challenge help pay off debt or save for college? Here’s what the data and financial planners say.

The SAVE Plan’s legal saga took a new turn with GOP states asking for a stay on appeal. Here’s the full breakdown of the 8th Circuit emergency appeal and what it means for your student loans.

The SAVE student loan lawsuit continues as colleges launch new loan programs and states expand student support.
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