Saving for children: A goal-based guide to Trump Accounts, 529s, Roth IRAs and custodial accounts

  Someone seeing an ad for Trump Accounts might wonder: How is this different from the 529 plan and custodial account I already set up? Why would I open a retirement account for my 5-year-old? Those questions get to the real issue: These accounts aren’t interchangeable, and the right choice depends on what you’re trying