The New York Times·3 min read·medium
Why 529 Accounts Make More Sense for Investing Than Trump Accounts
✦AI Summary
The article compares new tax-deferred 'Trump accounts' for children against traditional 529 college savings plans. It argues that 529 accounts often provide superior tax advantages and flexibility for long-term educational savings.
More than seven million Trump accounts, a new tax-deferred investment account for children, have been opened so far, and parents of newborns may soon be able sign up before they leave the hospital. But with plenty of tax-advantaged options for childr... [2101 chars]
economyeducationbusiness
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