Many clients prefer to use Roth IRA funds last in retirement to maximize tax-free growth and because they are not subject to required minimum distributions.

“So with the goal of maximizing the tax benefits on Roth IRAs, along with the fact that there are never any required minimum distributions, many of my clients choose to tap into this Roth bucket last, or might even use it for legacy planning.”

The complexity of adding new account types, such as Trump accounts, creates unnecessary administrative burden and confusion compared to existing vehicles.

“It's just one more account that I don't think is is worth it. Is it good to your point, Ben, to incentivize savings? Absolutely. 100%.”