529 Plan vs. Trump Account for Kids’ Education Expenses
Money Girl
Macmillan Holdings, LLC
4.6 • 1.8K Ratings
🗓️ 23 January 2026
⏱️ 14 minutes
🧾️ Download transcript
Summary
991. Laura answers a listener's question about using a 529 plan versus a Trump Account and reviews which is better for a child’s education.
Find a transcript here.
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Transcript
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| 0:00.0 | Hey friends and welcome back to the Money Girl podcast. This is Finance Friday, a special edition of |
| 0:11.2 | Money Girl where I answer your burning money questions. Today we have a great topic. It's an email |
| 0:17.2 | from Kristen in Dallas, Texas, who says, I listen to your podcast, how do Trump accounts work for kids? |
| 0:26.0 | And I have a follow-up question. My husband and I have a son who was born in 2025, and we opened a |
| 0:33.0 | 529 plan for his education. We've built up the balance on our own and with the help of family members. |
| 0:40.5 | Can I combine our 529 plan with a Trump account so I can add the additional $1,000 to our existing |
| 0:49.3 | investments? Thank you so much for your question, Christian, and congratulations on the new addition to your family. |
| 0:56.8 | You are way ahead of the game by already opening and funding a 529 plan for your newborn son. |
| 1:04.7 | In this show, I'm going to review whether 529 plans and the upcoming Trump accounts can be combined. And I'll talk about which option |
| 1:13.6 | is best if you're saving for a child's education. This is episode 991, and I really appreciate |
| 1:20.7 | you downloading the show. If you're new here, I'm Laura Adams, an award-winning author, |
| 1:26.0 | money speaker, and founder of The Money Stack. |
| 1:29.0 | That's my substack newsletter. |
| 1:31.1 | You can subscribe for free or support the show as a paid member and get access to my live educational events. |
| 1:38.5 | I love hearing from you. |
| 1:40.1 | So if something finance-related is on your mind, go ahead and leave me a voicemail by calling |
| 1:45.5 | 302-364-0308. Or you can email me your question, just like Kristen did, by using my contact page at |
| 1:55.6 | laura d.adams.com. All right, as Christian mentioned a few weeks ago, I did publish an episode of Money Girl |
| 2:02.8 | about Trump accounts. They're a new type of account for children established by a provision |
| 2:08.7 | of the one big, beautiful bill. I've received several questions about Trump accounts, |
| 2:15.1 | particularly how they compare to 529 plans when investing for a child's |
| 2:20.4 | education. So I'm going to review four rules for each of these account types and explain |
... |
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