So, What’s the Deal With the Trump Accounts?

Starting in 2026, children under 18 will be eligible for a Trump account funded with $1,000 seed money at birth. Erin Koeppel, Managing Director of Government Relations and Public Policy Counsel at CFP Board, explains that whether Trump accounts are suitable depends on individual family goals, but for college savings, 529 plans are generally a better option for ongoing contributions.

Read more at Plan Sponsor Council of America