Rural Money: Are Trump Accounts Worth Checking Out?

Farm CPA Paul Neiffer shares insight into what these new accounts, established in provisions of the Big, Beautiful Bill, could mean for the farm families.

KENNEWICK, Wa. (RFD-TV) — One of the key elements of the “One Big Beautiful Bill” Act (OBBBA) is the introduction of Trump Accounts, designed to provide farm families with a tax-advantaged way to build and transfer wealth to the next generation.

Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to share insight into what these new accounts could mean for producers.

In his interview with RFD-TV News, Neiffer explained the details of the accounts, including how they could serve as a long-term savings and investment vehicle within the agricultural sector. When asked whether these accounts are a good deal for farmers, Neiffer noted that their benefits will depend on final implementation details and how producers structure them alongside existing financial plans.

Switching gears, Neiffer also discussed this week’s Supreme Court hearing on President Trump’s tariffs, which drew national attention. He shared key takeaways from the arguments and what the timeline could look like as the Court reviews the scope of presidential authority on trade policy.

Related Stories
Catch the special, “Praise and Worship: More Than a Hollow Hallelujah,” on The Gaither Gospel Hour, Friday at 8 PM ET only on RFD-TV!
National FFA Organization Chief Program Officer Christine White previews the programs and activities planned for this year’s FFA Convention.
Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
Evan Keppy, a member of Iowa’s North Scott FFA Chapter, shares how the National FFA Organization helped shape his leadership skills.
Farm CPA Paul Neiffer joins us to provide an updated analysis of projected ARC and PLC payments and potential delays due to the ongoing government shutdown.
Colin Reilly with Connected Nation joined RFD-TV News to explain how the tool works and why it’s an important step in bridging the digital divide.
Jeremy Kelly explains how Darling Ingredients’ mission aligns with FFA’s values and why investing in future ag leaders is so important.
Molly Ball joins us to talk about the upcoming FFA Convention & Expo and dish about the latest episode of “Dirt Diaries: The FarmHER + RanchHER Podcast.”
Farmers are in the midst of harvest as the government descends into a shutdown and the Farm Bill expires. Key federal departments, crop reporting, and aid programs important to the agricultural sector are now on hold.