The Next Step in Protecting Your Wealth

As a doctor, you’ve worked tirelessly to build a thriving practice and with it, meaningful wealth. But creating wealth is only the beginning. The true measure of success is ensuring that it endures, safeguarding your family’s future for generations while minimizing the impact of taxes. Below I’ll outline the newly available Trump Accounts and how they can be leveraged for practice owners.

What are Trump Accounts?

The One Big Beautiful Bill Act of 2025 brought widespread changes to tax law, including a new type of tax-advantaged custodial IRA for minors under age 18 known as Trump Accounts. Here are important characteristics of the accounts to note:

• For children born between 2025 through 2028, there is a one-time $1,000 government seed contribution made to their accounts. Note, this does not preclude minors born prior to 2025 from funding accounts.
• Starting July 4, 2026, parents, grandparents, and even employers can contribute up to $5,000 annually per child. This annual contribution amount is indexed for inflation beginning in 2028.
• The contributions into the account are after-tax, allowing the earnings to grow tax-deferred with distributions following traditional IRA rules after the account holder reaches age 18.
• Until age 18, investments must be placed in low-cost broadly diversified U.S. stock index funds.

Why Does this Matter to Doctors & Practice Owners?

These accounts offer a unique opportunity to get a jump-start on generational wealth building. But here’s what makes this especially interesting for practice owners, the ability to utilize employer contributions. Under the new rules, practices can contribute up to $2,500 annually per minor child for employees or even for your own minor children toward the $5,000 annual limit. This creates a unique opportunity to:

• Enhance employee benefits: Offering Trump Account contributions can set your practice apart in a competitive hiring market.
• Support retention and loyalty: Employees value benefits that impact their family’s future.
• Integrate with your own wealth strategy: Combine employer contributions with personal funding to maximize growth for your children or grandchildren.

When paired with the new $15 million estate exemption, Trump Accounts become a cornerstone of generational wealth planning and help you transfer assets efficiently while minimizing tax exposure.

In Summary

Trump Accounts offer doctors a proactive, tax-smart way to ensure that wealth built through practice success accumulates and transfers seamlessly to the next generation. Now is the time to explore how these accounts can advance both your financial legacy and your practice’s strategic value.

Let’s connect to shape the right strategy tailored to your family, practice, and legacy goals.