Trump accounts: Why they're not your typical college fund

Trump accounts: Why they’re not your typical college fund The Trump account, a new tax-deferred vehicle aimed at helping families save for children, poses a fundamental question: How is this tool best used? Last year’s tax legislation (known as the One, Big, Beautiful Bill Act) introduced a new vehicle to the tax-deferred savings landscape: the “Trump account.” Like 529 college savings plans and c...