Welcome to "Ahead in the Count," presented by BIP Wealth. Our Baseball Division combines their collegiate and professional baseball playing experience with financial acumen to provide expertise in life on and off the field. We aim to give ballplayers and their families a better understanding about their unique lifestyle, the opportunities that come from playing this game, and insight into the complex financial world. This is "Ahead in the Count," hosted by Nolan Alexander, from BIP Wealth.

• What a Trump Account is and how children born between January 1, 2025 and December 31, 2028 qualify for a $1,000 government contribution
• How the account grows through tax-deferred compounding over the child's lifetime with potentially 60+ years of runway
• The conversion to a traditional IRA at age 18, and why the exact mechanics are still being finalized
• Early withdrawal rules and penalties, including the first-time homebuyer exception and why you'll still owe income tax even when the 10% penalty is waived
• Trump Account vs. 529 plan: how to decide which bucket fits your family's goals
• Tax treatment differences: why 529 withdrawals for education are completely tax-free, while Trump Account withdrawals are taxed as income
• Recent 529 plan expansions, including qualified use for K-12 private school, professional certifications, and the ability to roll over unused funds into a child's Roth IRA
• What's next, including recent guidance from the Treasury Secretary on allowing pre-tax employee/payroll contributions to Trump Accounts, similar to a 401(k)

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CONTACT For more information: jhester@bipwealth.com, kschmidt@bipwealth.com, cmurray@bipwealth.com, jhermida@bipwealth.com Visit: BIPWealth.com