u/GCDavidC

Trying to plan early and balance saving for children's college education and lifelong savings funding. I am trying to understand if there is any early guidance on how trump accounts will be treated on FAFSA and CSS profile forms. My initial thoughts were that since Trump accounts are converted to IRAs in the year of the child's 18th birthday, they would be completely excluded from FAFSA as retirement accounts.

However, I have read some information on certain sites that recommend contributing to a 529 in the parents' name because trump account assets would increase the child's assets and make the SAI index higher as the assets would be counted at 20% vs 5.64% for a parent owned 529. This seems contradictory to a Trump account converting to an IRA at 18.

Looking for any knowledge available on the topic.

I see a lot of activity in this sub-reddit for 3CX refugees. I have been looking at yeastar, but it seems like needing a VM for every customer and a license for every customer is a lot of extra management vs a multi-tenant solution.

Has anyone tried Thirdlane multi or single tenant and can provide feedback?