How does it work? How much money can you contribute, shelter, defer and so forth? Yeah, so You can start it just like a 529. So when your child is born, just like you can start a college savings account, you could start one of these jump start savings accounts. But I've seen people do this a couple different ways because I always get this question, well, what if later they want to go into the trades and we had a college savings account? (27:08–27:19)
CLAIM
Asserts that a jump start savings account for trades can be started similarly to a 529 college savings account.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
