Every gift must be linked to a 529 plan or a 530A (Trump Account) plan before friends and family can give gifts.
You can link one of these investment account types:
529 plan
A 529 plan is a tax-advantaged investment account designed to help families save for qualified education expenses.
If you already have a 529 plan, you may be able to link it to your fund.
530A (Trump Account)
A 530A (Trump Account) is a newer type of investment account.
How investment accounts work with Early Investor
Each fund can be linked to 1 investment account.
Once your investment account is linked, friends and family can give gifts through your fund. Gifts are deposited into your linked investment account.
Need help choosing an investment account?
Babylist can't recommend which investment account is right for your family or provide financial advice.
If you have questions about choosing or managing a 529 plan or 530A (Trump Account), contact:
- Your investment account provider or plan administrator.
- A qualified financial professional.
- The official federal helpline for 530A (Trump Accounts) at 866-USA-4547.