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Trump Accounts vs. 529 plans: which saves best for kids?

Original: Trump Account vs. 529 plan: Which is best for your child's future?

Parents are weighing a new choice for their children's savings: the newly created Trump Accounts versus traditional 529 college savings plans. The comparison focuses on differences in tax treatment, contribution limits, eligible expenses and investment flexibility, as families decide which vehicle better serves long-term goals like college costs or general financial security for a child's future.

Why now: Trump Accounts are new, so families and advisers are actively comparing them with established 529 plans.

Trump Accounts529 plan

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