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Wednesday, July 8, 2026

Trump Accounts Are Not Worse Than 529 Plans

My friend, the progressive sharp economist Dean Baker writes if your adviser tells you to put money in a Trump Account instead of a 529 plan, fire them. Dean is right to be suspicious. America’s tax-favored savings system is a junk drawer. We have 401(k)s, 403(b)s, 457s, IRAs, Roth IRAs, HSAs, FSAs, …

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