Feature
Trump Account
529 Investment Account
2026, providing significant guidance on ERISA coverage of employer Trump account contribution programs). Yes — $1,000 for those born between 2025 and 2028 can receive contributions through the Treasury Department (do not count toward the $5,000 limit). Automatically is treated like a standard traditional IRA at age 18 — funds are earmarked for retirement. Yes — the entire balance can be rolled over to an ABLE account in the year the child turns 17 (for individuals with disabilities). At this time, funds from Trump accounts cannot be rolled over or transferred into a 529 plan. Managed by a "responsible party" (parent/guardian) during childhood; child takes over at adulthood. Child must have a valid SSN before the account is opened. Only one funded Trump Account allowed per child at any time. The $1,000 pilot contribution requires U.S. citizenship ; general account opening does not specify citizenship explicitly. Using a Trump Account or IRA for education could reduce financial aid eligibility , since withdrawals count as student income on the Free Application for Federal Student Aid (FAFSA).* Student owned assets are assessed at up to 20% in the Student Aid Index (SAI) which determines the student’s financial need. *A Congressional Research Service report notes that H.R. 1 did not clarify how federal means-tested program - including federal student aid - should integrate Trump accounts. Further guidance is pending.
Varies by state. Some states offer seed deposits for newborns (including Illinois and California) and Child Development Accounts (CDA) typically funded by non- profit organizations. Account remains an education savings account; can be rolled over to a Roth IRA (limitations apply) or transferred to another eligible beneficiary.
Government/Nonprofit Contributions
What Happens at Adulthood
Limited rollover options; rollovers to ABLE accounts are permitted but subject to ABLE contribution limits.
Rollover to ABLE Account
Owned by the account owner (typically a parent), who retains control even after the beneficiary reaches adulthood. Child must have a valid SSN before the account is opened. A child can be the beneficiary of multiple 529 plans. Generally, any U.S. ci\zen or resident alien with a valid Social Security number or taxpayer iden`fica`on number who is at least 18 years of age.
Account Control
SSN Requirement
Number of Accounts
Citizenship Requirement
Parent-owned assets (like a 529 plan) are assessed at about 5.6% in the Student Aid Index (SAI) calcula`on on the FAFSA, compared with up to 20% for student-
Financial Aid Impact
owned assets (such as a Trump Account). The Student Aid Index (SAI) determines the student’s financial need.
This material is for education purposes only, does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Be sure to consult your legal or tax professional for tax advice. Note: The proposed IRS regulations as of July 2026 for Trump Accounts are subject to change before being finalized. No comprehensive final regulations have been issued. This material is for informational or educational purposes only and is not fiduciary investment advice or a securities, investment strategy, or insurance product recommendation. This material does not consider
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