Episode summary
Dentist Advisors Q3 2026 Update: End of SAVE Plan, Trump Accounts, & Healthy Markets
The Dentist Money Show
· · 39 min · Hosts: Jake, Lauren, Rabih
Summary
The update focused on three client questions: student loans, Trump accounts, and the market backdrop. On student loans, the host said the new RAP plan replaced SAVE as of July 1 and that borrowers coming off SAVE will be moved into a new repayment choice after a 90-day window, with income recertification required. The host also noted that the standard repayment plan has changed for many borrowers, with balances over $100,000 generally moving to a 20-year standard term instead of 10 years.
The discussion on Trump accounts was more skeptical. The host said the new accounts are opened through an app, allow up to $5,000 of annual contributions, and default into an S&P 500 fund, but offer no upfront tax deduction and eventually convert to a traditional IRA. The host argued that minor Roth IRAs are usually better, though Trump accounts may be useful for the $1,000 government seed contribution for children born in the eligible window or as an extra Roth-building tool if funds are later rolled over.
Rabih said markets remain healthy despite concentration risks. He pointed to strong one-year returns across U.S., developed, and emerging markets, but stressed that diversification still matters because a small group of companies can dominate regional indexes. He argued that the recent rotation away from the Magnificent Seven and into the rest of the S&P 500 is a normal and healthy sign for the bull market.
Key takeaways
- The host said SAVE is being phased out and borrowers will need to recertify income when moving to RAP or another repayment plan.
- For many dentists with over $100,000 in loans, the standard repayment term has shifted to 20 years, which can lower early-career payments.
- The host said minor Roth IRAs are usually preferable to Trump accounts, which have no upfront tax benefit and default into a plain S&P 500 fund.
- Rabih said the market’s rotation beyond the Magnificent Seven is healthy and shows the S&P 493 is catching up.
- The team said diversification matters more, not less, when a few companies dominate an index or region.
Notable quotes
“if you have over $100,000 of student loans, you will be on this 20-year plan”
“Trump account is different. No tax deduction whatsoever going in”
“our job is not to get our portfolios concentrated as a as a result of this mechanism in the market”
How the episode opens
Okay, everybody. Welcome. This is our quarterly market update uh specifically for our clients.
We do a lot of content from the podcast to webinars and different things. This today is specifically for clients whom we love. We love working with.
Um and so we wanted to just kind of dive into some of the things that have been top of mind for us over this past quarter. Obviously, my name is Jake. Here we have Lauren Robbie with us.
How are you guys doing?
Doing good. — Good. How are you?
Good. I'm doing great. I'm excited to be here with you guys.
Um so technically what this is Q2 market update. Um we're recording this into Q3 but doing a recap of Q2. Um if you listen to some of these before, you probably know the flow of how these go.
We will start with some company announcements, things that you need to be aware of that we are kind of promoting or doing as a company. We will get into some things that have been top of mind, some questions that we get from clients often. I think today we're going to focus on student loans is a big one.
Trump accounts is another one I'm beginning a lot of questions about. Lauren, have you been getting a lot of questions about those things?
The Trump accounts not as much but not a lot of my clients are having kids either. So I feel like it hasn't been on the mind as much. — Well, that's fine. I've had a ton of Trump — Okay, student loans, yes. So we'll head I've had a ton of Trump account questions actually. It's just kind of like I feel like it's a new exciting account. Robbie, you know, we get so used to 401ks and IRAs and kind of the same accounts like oh, a new account that's opened up.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- student loan changes
- trump accounts
- save plan end
- tax review
- market update
Companies and tickers mentioned
- Dentist Advisors
- Aquire Wealth Advisors, LLC
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Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
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The Dentist Money Show, this episode and its artwork belong to Dentist Advisors - Financial Planning and Investment Management. Octagon is not affiliated with the show; this page is an independent summary.
