📊 Should you save with the Trump Account, 529, or Roth IRA?

Finn

This remix completely overhauls the original calculator, replacing the lump-sum drawdown math with a brand new savings accumulation model to compare a 529 plan against a hypothetical "Trump Account." It does a good job of modeling the upfront state tax benefits of a 529 and the federal penalties if funds aren't used for education. However, despite being promised in the title and description, the Roth IRA is completely missing from the tool, which limits its usefulness if you were hoping for a three-way comparison. You'll also want to keep in mind that non-qualified 529 withdrawals usually face state taxes and deduction recapture, which aren't factored into the final penalty math here.

Reviewed v26.8.0