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How the $1,000 'Trump Accounts' for American Babies Compare to 529s and Custodial Roth IRAs
Bankrate 
June 11, 2025 "Withdrawals from 529 plans are tax-free as long as they're used for qualified educational expenses. Withdrawals from Trump accounts would have fewer restrictions on their uses, but are taxed at long-term capital gains rates.... Trump accounts would be funded at birth and allow for additional contributions each year, while custodial Roth IRAs require a child to have earned income during the year in order to contribute." MORE >> |
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