529 Plans Beat Trump Accounts for College Savings, But It Makes Sense to Have Both: Here's Why

The government will put $1,000 into a Trump Account for eligible newborns. Take it, but remember that college savings will be better off in a 529 plan.

# 529 Plans Beat Trump Accounts for College Savings, But It Makes Sense to Have Both: Here's Why The government will put $1,000 into a Trump Account for eligible newborns. Take it, but remember that college savings will be better off in a 529 plan. **Read the full article:** [Kiplinger](https://www.kiplinger.com/personal-finance/college/529-plans-and-trump-accounts-why-to-have-both) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*