Children of Immigrants Will Be Able to Access the New “Trump Accounts” Even If Their Parents Are Undocumented

• Children of Undocumented Immigrants Qualify
• Government Provides Initial $1,000
• Debate Over Economic Benefits

Thousands of immigrant families in the United States received an important clarification about one of the most discussed economic programs of President Donald Trump’s administration.

Minors born on U.S. soil will be able to benefit from the new “Trump Accounts,” even when their parents lack legal immigration status.

• Why it matters: The measure could affect millions of children living in mixed-status households, where the children are U.S. citizens by birth but their parents are undocumented immigrants.

Children of Undocumented Immigrants Born in the U.S. Do Qualify for the Benefit

Questions about who could access the program grew after approval of the One Big Beautiful Bill Act, known as OBBBA, especially among immigrant communities that feared being excluded.

However, immigration specialists have confirmed that the parents’ immigration status does not represent an obstacle for minors to receive the benefit.

Immigration attorney Kathia Quirós told NBC that the main requirement is that the minor was born on U.S. soil between 2025 and 2028. The parents’ immigration status would not prevent access to the account.

The clarification has created expectations among families seeking savings opportunities for their children, particularly in a context where many government benefits are usually conditioned by immigration criteria.

“Trump Accounts” Seek to Create Savings From Birth

The so-called Trump Accounts are part of the economic package promoted by Trump and are designed as a long-term savings and investment tool for U.S. children.

The program includes an initial $1,000 deposit from the federal government for each eligible minor. From that point on, parents, relatives, and even employers will be able to make additional contributions of up to $5,000 per year, an amount that will be adjusted for inflation.

The funds may be invested in funds tied to the S&P 500 index or in U.S. companies, with the goal of allowing the capital to grow during the beneficiary’s childhood and adolescence.

According to the Council of Economic Advisers, an account that receives consistent contributions could accumulate up to $303,000 by the time the beneficiary reaches adulthood.

Even without additional contributions, government projections estimate that the initial $1,000 deposit could grow to approximately $5,800 by the time the child turns 18.

Economists Question Who Will Really Gain the Biggest Advantages

Although the initiative has received support from business leaders and conservative sectors, it has also raised questions about its real benefits for lower-income families.

Experts cited by the Tax Foundation and the Urban Institute believe the accounts will mainly favor higher-income families, since they are the ones most able to make steady contributions.

“The problem is that families with more resources will always have an advantage in accumulating wealth,” financial analysts have warned.

The observations also point out that “Trump Accounts” offer fewer tax incentives than other existing savings tools, such as 529 college savings plans or Roth IRAs, which are widely used by U.S. families to plan for future expenses.

Even so, supporters of the proposal argue that the program represents an opportunity for millions of children to begin building wealth from an early age.

The Program Revives the Debate Over “Baby Bonds”

The approval of Trump Accounts has also reopened the debate over other proposals focused on reducing economic inequality.

Among them are the so-called “Baby Bonds,” promoted by Democratic lawmakers such as Senator Cory Booker.

Unlike Trump’s model, this initiative seeks to provide larger contributions to children from lower-income households.

Similar programs already operate in some states, including Connecticut, where deposits are made for babies born into families eligible for Medicaid.

While Baby Bonds prioritize reducing economic and racial wealth gaps, “Trump Accounts” operate under an open model that depends heavily on family and private contributions.

• What’s next: For immigrant families, the main message is clear. Children born in the United States between 2025 and 2028 will be able to access Trump Accounts regardless of their parents’ immigration status, a provision that could benefit millions of U.S. citizens growing up in immigrant households.

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SOURCE: La Opinión