Question

Can I have both a Trump Account and a 529 plan for my child?

Answer

Yes. Trump Accounts and 529 plans serve different purposes — a Trump Account helps build long-term retirement wealth, while a 529 plan helps fund education expenses. They can complement each other as part of a comprehensive savings strategy. A financial planning professional can help you determine how to allocate contributions between both accounts based on your goals.

About Mercer Advisors

We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.

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