Joel O'Leary
speaker
227 appearances
1 recordings
1 series
first heard Jul 2026
last heard 11 Jul
Joel O'Leary’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
um and you've probably seen the news on some philanthropists out there that are um donating large amounts of um money to spread across uh certain types of kids eligible kids which i think is really cool um but the standard rules are that um any trump account can receive up to 2500 in matching employer contributions or uh contributions from like the philanthropists or philanthropic organizations
I think we will see more of this pop up over time.
Right now, there are a lot of big companies that have sort of pledged to create some sort of matching program for their kids, or sorry, for their employees' kids.
I'm certainly interested in it.
Whoever's listening, Motley Fool wants to add it as part of our employee benefits package.
That'd be really nice.
Any free money we can take is great.
Sure.
I think any retirement account is going to have rules around where it's held and particularly around withdrawals.
So this is probably the biggest drawback is the rules.
And if...
It could come back and bite you depending on your situation.
So basically here are the withdrawal rules.
For the first 18 years or until the child turns 18, no withdrawals are allowed.
The money's designed to stay in there.
It's a one-way street.
So this is like, again, this could be cool for some people that want to lock up funds and not have
early withdrawals.
However, it might be a bummer for families that have other goals that pop up, that they want to spend the money for the benefit of the kid.
For example, like spending, paying for a K through 12 education, you know, education supplies, maybe helping the kid buy a car, or if they want to move and do a semester abroad.
Showing 81–100 of 227 · page 5 of 12
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