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Trump Expands 529 Savings Accounts & Launches $1,000 Trump Accounts for Kids
Posted
August 24, 2026
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732
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August 24, 2026
732
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2:18Now PlayingPresident Donald Trump highlights major education savings provisions included in the One Big Beautiful Bill, including expanded 529 education savings accounts, increased withdrawal limits for K-12 expenses, and new options for families using private, religious, and homeschool education.
Trump also highlights the new Trump Accounts, which provide $1,000 for every newborn and allow families to build savings for their children’s future.
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