Trump Accounts are designed in part to distribute wealth-building tools more broadly. Whether they succeed depends on structural features that pull in opposite directions—and on how federal agencies eventually decide to treat account assets when determining eligibility for programs like Medicaid, SNAP, and SSI. The Regressive Core The tax-deferred growth benefit that underpins Trump Accounts is, by design, worth more to higher-income households. Tax deferral is valuable in proportion to the marginal tax rate a household faces.