Compare to IRA's and other savings accounts

KissTrust provides advantages over IRA's and other types of savings accounts.

The KissTrust design resulted from countless hours of legal research, tax investigation, and product development.

The chart below compares KissTrust to IRA's and other types of savings accounts.

  

KissTrust	IRA/Roth IRA
Unlimited Contributions - Subject To Gifting Rules	No
No Minimum or Maximum Income Required	Must Have An Earned Income To Invest In Both IRA And Roth.  Both Also Have Maximum Income Limits
Protected From Spousal Claims In Divorce	No
Bankruptcy Proof	Varies By State
Customizable	No
Tax Deferred Growth	Yes
Limit Child's Control Over Investments	No
Protected For Intended Purposes	No - May Be Withdrawn At Any Time (penalties may apply)
Flexible Funding	No

    

 

KissTrust	529 Plan or Coverdell ESA
Unlimited Contributions - Subject To Gifting Rules	529 Plan = $250,000 Maximum Value  Coverdell ESA = $2,000 per year
No Minimum or Maximum Income Required	Yes
Protected From Spousal Claims In Divorce	No
Bankruptcy Proof	No
Customizable	No
Tax Deferred Growth	Yes
Limit Child's Control Over Investments	No
Protected for Intended Purposes	No - Higher Education Purposes Only
Flexible Funding	No

 

 

KissTrust	Investing in a Mutual Fund or Savings Account In Parents Name
Unlimited Contributions - Subject To Gifting Rules	Yes - May Incur Gift Tax Upon Transfer
No Minimum or Maximum Income Required	Yes
Protected From Spousal Claims In Divorce	No
Bankruptcy Proof	No
Customizable	No
Tax Deferred Growth	No - Taxed at Parents Tax Rate
Limit Child's Control Over Investments	No
Protected For Intended Purposes	No
Flexible Funding	Yes

 

 

KissTrust	Investing In A Tax Free Mutual Fund or Savings Account In Parents Name
Unlimited Contributions - Subject To Gifting Rules	Yes - May Incur Gift Tax Upon Transfer
No Minimum or Maximum Income Required	Yes
Protected From Spousal Claims In Divorce	No
Bankruptcy Proof	No
Customizable	No
Tax Deferred Growth	Yes - Must Invest In Tax Free Bonds At Low Yields
Limit Child's Control Over Investments	Yes - Until Death
Protected For Intended Purposes	No
Flexible Funding	Yes