These Companies Are Matching ‘Trump Account’ Contributions for Employees

Parents are getting a new way to invest for their kids' futures. Here's how Trump accounts work.

Trump accounts will act similar to a traditional IRA.Bloomberg/Bloomberg via Getty ImagesTrump Accounts will launch in July 2026, aimed at kids' investment savings.The government will give $1,000 to babies born between 2025 and 2028.Parents can open accounts through the IRS and make annual contributions.American parents will soon have another option to fund their kids' financial futures."Trump Accounts" that were set up as part of the sweeping G…

Indiana-based restaurant chain will contribute to Trump savings accounts

Steak 'n Shake is among businesses that will match contributions to new Trump Accounts for employees' children.

These companies are matching ‘Trump Account’ contributions for employees

Several companies have pledged to match the federal government’s $1,000 deposits in the “Trump Accounts” for the children of employees.  The Treasury Department is contributing $1,000 to the accounts of children born between Jan. 1, 2025, through Dec. 31, 2028. Employers of the child or their parent can contribute up to $2,500 per year to…

JPMorgan, BofA To Contribute $1,000 to Trump Accounts

Two of the biggest U.S. banks said they would match a $1,000 federal contribution for employees who open a Trump Account, touting the plan as a way to save money.

JPMorgan Chase to offer $1K match for Trump Accounts belonging employees’ kids

JPMorgan Chase announced Wednesday it will match the government's $1,000 contribution to the proposed "Trump Accounts" for children of its U.S. employees.The bank said it will deposit an additional $1,000 into the Trump Accounts of children born to eligible employees between Jan. 1, 2025, and Dec. 31, 2028.The company said the Trump administration's program is designed to promote early saving and investing for children."JPMorgan Chase has demons…