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business1h ago

Bank of America to match $1,000 government deposits for Trump accounts

https://www.foxbusiness.com/politics/bank-america-match-1000-government-deposits-trump-accountshttps://www.businessinsider.com/jpmorgan-jamie-dimon-companies-matching-trump-accounts-2026-1https://www.cnbc.com/2026/01/28/jpmorgan-chase-trump-accounts.html
Foxbusiness.com and 3 more
Bank of America to match $1,000 government deposits for Trump accounts Open in Foxbusiness.com
Highlights
  • JPMorgan Chase and Bank of America said they will match the U.S. government's one-time $1,000 contribution to children's retirement savings accounts for eligible employees.
  • The Trump accounts are part of a pilot program that deposits $1,000 from the U.S. Treasury into tax-advantaged accounts for eligible children born in the U.S. between Jan. 1, 2025, and Dec. 31, 2028.
  • Bank of America will also allow eligible employees to make pretax contributions to the Trump accounts via payroll deductions.

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References

JPMorgan and Bank of America join the list of companies matching $1,000 contributions to employees' 'Trump accounts'

https://www.businessinsider.com/jpmorgan-jamie-dimon-companies-matching-trump-accounts-2026-1Businessinsider.com
JPMorgan and Bank of America join the list of companies matching $1,000 contributions to employees' 'Trump accounts'

JPMorgan Chase and Bank of America to match $1,000 U.S. contributions to employee 'Trump accounts'

https://www.cnbc.com/2026/01/28/jpmorgan-chase-trump-accounts.htmlCnbc.com
JPMorgan Chase and Bank of America to match $1,000 U.S. contributions to employee 'Trump accounts'

Bank of America says it will match Treasury’s $1,000 deposits in Trump accounts for employees

https://nypost.com/2026/01/28/business/bank-of-america-says-it-will-match-treasurys-1000-deposits-in-trump-accounts-for-employees/Nypost.com
Bank of America says it will match Treasury’s $1,000 deposits in Trump accounts for employees

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