[{"data":1,"prerenderedAt":152},["ShallowReactive",2],{"gql:data:R9vnknytjjcHgc990eJpYDPfA2UqTAlwUbYp_mX8nN0":3},{"mediaItem":4},{"relatedItems":5,"date":62,"derivedSeoDescription":13,"derivedSeoTitle":88,"derivedSocialMediaDescription":13,"derivedSocialMediaImage":89,"derivedSocialMediaTitle":88,"flexComponents":101,"author":9,"title":123,"byline":124,"shortDescription":9,"tileImage":125,"mediaFormat":134,"mediaFocuses":136,"teamMember":138},[6,40,63],{"title":7,"byline":8,"shortDescription":9,"slug":10,"featuredImage":11,"tileImage":22,"mediaFormat":33,"mediaFocuses":35,"date":39},"Rebuilding Financial Clarity After Divorce","By Charissa Anderson","","rebuilding-financial-clarity-after-divorce",{"id":12,"alt":9,"caption":13,"assetUrl":14,"assetUrlXs":15,"assetUrlSm":16,"assetUrlMd":17,"assetUrlLg":18,"assetUrlXl":19,"assetUrlXxl":20,"width":21,"height":21},"2184",null,"https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/Anderson_C.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/xs_Anderson_C.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/sm_Anderson_C.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/md_Anderson_C.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/lg_Anderson_C.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/xl_Anderson_C.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2184/xxl_Anderson_C.jpg",1500,{"id":23,"alt":9,"caption":13,"assetUrl":24,"assetUrlXs":25,"assetUrlSm":26,"assetUrlMd":27,"assetUrlLg":28,"assetUrlXl":29,"assetUrlXxl":30,"width":31,"height":32},"2183","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/xs__Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/sm__Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/md__Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/lg__Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/xl__Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2183/xxl__Blog_WM.jpg",700,330,{"name":34},"Articles",[36],{"name":37,"slug":38},"Wealth Management Insights","wealth-management-insights","2026-10-21",{"title":41,"byline":42,"shortDescription":9,"slug":43,"featuredImage":44,"tileImage":46,"mediaFormat":55,"mediaFocuses":57,"date":62},"Outlook and Insights Fourth Quarter 2026","By Ferguson Wellman","outlook-and-insights-fourth-quarter-2026",{"id":45,"alt":9,"caption":13,"assetUrl":13,"assetUrlXs":13,"assetUrlSm":13,"assetUrlMd":13,"assetUrlLg":13,"assetUrlXl":13,"assetUrlXxl":13,"width":13,"height":13},"2091",{"id":47,"alt":9,"caption":13,"assetUrl":48,"assetUrlXs":49,"assetUrlSm":50,"assetUrlMd":51,"assetUrlLg":52,"assetUrlXl":53,"assetUrlXxl":54,"width":31,"height":32},"2090","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/xs_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/sm_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/md_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/lg_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/xl_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2090/xxl_NoCat_Blog.jpg",{"name":56},"Annual Reports and Publications",[58,61],{"name":59,"slug":60},"Our Investment Views","our-investment-views",{"name":37,"slug":38},"2026-10-01",{"title":64,"byline":65,"shortDescription":9,"slug":66,"featuredImage":67,"tileImage":76,"mediaFormat":85,"mediaFocuses":86,"date":62},"One Federal Code, Fifty State Answers","By Samantha Pahlow","one-federal-code-fifty-state-answers",{"id":68,"alt":9,"caption":13,"assetUrl":69,"assetUrlXs":70,"assetUrlSm":71,"assetUrlMd":72,"assetUrlLg":73,"assetUrlXl":74,"assetUrlXxl":75,"width":21,"height":21},"2100","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/Pahlow_Sammi.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/xs_Pahlow_Sammi.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/sm_Pahlow_Sammi.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/md_Pahlow_Sammi.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/lg_Pahlow_Sammi.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/xl_Pahlow_Sammi.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2100/xxl_Pahlow_Sammi.jpg",{"id":77,"alt":9,"caption":13,"assetUrl":78,"assetUrlXs":79,"assetUrlSm":80,"assetUrlMd":81,"assetUrlLg":82,"assetUrlXl":83,"assetUrlXxl":84,"width":31,"height":32},"2099","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/xs_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/sm_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/md_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/lg_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/xl_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2099/xxl_Blog_WM.jpg",{"name":34},[87],{"name":37,"slug":38},"Resources | How 530A Accounts Are Best Utilized | Ferguson Wellman",{"id":90,"alt":91,"caption":13,"assetUrl":92,"assetUrlXs":93,"assetUrlSm":94,"assetUrlMd":95,"assetUrlLg":96,"assetUrlXl":97,"assetUrlXxl":98,"width":99,"height":100},"6","Ferguson Wellman Logo","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/xs_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/sm_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/md_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/lg_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/xl_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/xxl_FW-OpenGraph_2x.jpg",1200,630,[102,106,120],{"instance":103},{"__typename":104,"body":105},"MediaPageTextComponent","**Like any planning strategy we review with our clients, the first question to answer is: what is the goal the family wants to accomplish?** For setting future generations up for success, common goals include education funding, a first home purchase or starting a business. Since July 4, 2026, families have a new tool at their disposal: 530A accounts, also known as Trump accounts, which were created under Section 530A of the tax code.\r\n\r\n**What is a 530A Account?**\r\n\r\n530A accounts are a type of tax-advantaged savings vehicle designed to give children a headstart on building long-term wealth. They function somewhat like a starter retirement account: money goes in during childhood, grows tax-deferred and then becomes accessible in adulthood under rules similar to a traditional IRA. Withdrawals are generally taxed as ordinary income (depending on contribution source) and may be subject to a 10% additional tax if taken before age 59½ unless an exception applies. \r\n\r\nParents, grandparents and friends are all permitted to contribute to a 530A account, subject to a $5,000 annual aggregate limit for 2026. Employers may contribute up to $2,500 per year, which counts toward that same $5,000 limit. Separately, eligible children born between January 1, 2025, and December 31, 2028, may receive a one-time $1,000 government pilot contribution that does not count against the limit.\r\n\r\n**Where 530A Accounts Fit**\r\n\r\nFor most families, a 530A account should be a complement, but not a replacement, for 529 plans, Roth IRAs and Uniform Transfer to Minors Act (UTMA) accounts, and should be driven by their individual goals.\r\n\r\nWhile each family planning situation is different, setting up a 530A account to capture the government $1,000 pilot contribution makes sense for children born between 2025 and 2028, and is a great starting point for savings. 529 plans are likely the next most effective “bucket” to save for children if education funding is a priority, as 529 plans are highly tax efficient. 529 accounts grow tax deferred and offer tax-free distributions if used for qualified expenses.\r\n\r\nFunding a Roth IRA (assuming the child has earned income to support the contribution) then likely makes sense as the next “bucket.” Roth IRAs offer tax deferred growth as well as tax-free distributions in retirement after age 59½. Starting a Roth IRA at a young age allows for decades of growth in this favorable tax structure.\r\n\r\nBeyond that, UTMAs and additional 530A account funding may both serve a role: UTMA accounts offer flexible withdrawals and custodian control that can be extended longer than in a 530A account, while the 530A account offers tax-deferred growth that the UTMA does not. However, the child’s unrestricted access to the 530A funds beginning on January 1st of the year they turn 18 may lead some families to prioritize other options.\r\n\r\n**A Potential Roth Conversion Strategy**\r\n\r\nIf funding a 530A account aligns with your families’ planning, a strategy one may consider is to convert the account to a Roth IRA when the child reaches adulthood. In many situations children are in lower income brackets at this stage in life and can take advantage of moving dollars into a Roth structure utilizing those low-income brackets, but may have other implications one should discuss with their tax planning professionals. Growing dollars in a Roth structure is potentially a powerful long-term tax structure to allow compounding growth.\r\n\r\nIn summary, for families who have already maximized contributions to 529 plans and other tax-advantaged accounts such as Roth IRAs, 530A Accounts may offer an additional savings option allowing for deferred growth. Because these rules are new and still developing, families considering a 530A account should review both the decision and its timing with their portfolio manager and tax advisor.",{"instance":107},{"__typename":108,"image":109,"videoId":9,"caption":9},"MediaPageImageOrVideoWithCaptionComponent",{"id":110,"alt":9,"caption":13,"assetUrl":111,"assetUrlXs":112,"assetUrlSm":113,"assetUrlMd":114,"assetUrlLg":115,"assetUrlXl":116,"assetUrlXxl":117,"width":118,"height":119},"2116","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/Screenshot_2026-10-01_at_2.03.51_PM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/xs_Screenshot_2026-10-01_at_2.03.51_PM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/sm_Screenshot_2026-10-01_at_2.03.51_PM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/md_Screenshot_2026-10-01_at_2.03.51_PM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/lg_Screenshot_2026-10-01_at_2.03.51_PM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/xl_Screenshot_2026-10-01_at_2.03.51_PM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2116/xxl_Screenshot_2026-10-01_at_2.03.51_PM.png",3146,1544,{"instance":121},{"__typename":104,"body":122},"**Disclosure**\r\n\r\n*The views expressed represent the opinion of Ferguson Wellman. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Statements of future expectations, estimates, projections and other forward-looking statements are based on available information and Ferguson Wellman’s views as of the time of these statements. Past performance may not be indicative of future results. Ferguson Wellman, Octavia Group and West Bearing do not provide tax, legal, insurance or medical advice. This material has been prepared for general educational purposes only and not as a substitute for qualified counsel who can determine how this information applies to you. We believe the information provided is from reliable sources but should not be assumed accurate or complete.*\r\n\r\n*Please see additional [disclosures](/disclosures/).*","How 530A Accounts Are Best Utilized","By Nate Putnam",{"id":126,"alt":9,"caption":13,"assetUrl":127,"assetUrlXs":128,"assetUrlSm":129,"assetUrlMd":130,"assetUrlLg":131,"assetUrlXl":132,"assetUrlXxl":133,"width":31,"height":32},"2105","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/xs_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/sm_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/md_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/lg_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/xl_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/2105/xxl_Blog_WM.jpg",{"name":34,"slug":135},"articles",[137],{"name":37,"slug":38},{"fullName":139,"title":140,"slug":141,"image":142},"Nate Putnam","Senior Vice President","nate-putnam",{"id":143,"alt":144,"caption":13,"assetUrl":145,"assetUrlXs":146,"assetUrlSm":147,"assetUrlMd":148,"assetUrlLg":149,"assetUrlXl":150,"assetUrlXxl":151,"width":21,"height":21},"29","Headshot of Nathan Putnam","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/Putnam_N.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/xs_Putnam_N.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/sm_Putnam_N.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/md_Putnam_N.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/lg_Putnam_N.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/xl_Putnam_N.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/29/xxl_Putnam_N.jpg",1792618558710]