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Bank of America Matches $1,000 Trump Accounts for Kids

1/28/2026

46 8 Full Breakdown

Summary

Story summary

Bank of America will match U.S. government's $1,000 contributions to 'Trump accounts' for eligible employees.
The accounts are for children born between January 1, 2025, and December 31, 2028, funded with $1,000 from the U.S. Treasury.
JPMorgan Chase has joined the effort, linked to U.S. President Donald Trump's One Big Beautiful Bill Act.
The accounts launch on July 4, 2026, with payroll pre-tax contributions and investments in index funds.

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Story summary

Bank of America will match U.S. government's $1,000 contributions to 'Trump accounts' for eligible employees.
The accounts are for children born between January 1, 2025, and December 31, 2028, funded with $1,000 from the U.S. Treasury.
JPMorgan Chase has joined the effort, linked to U.S. President Donald Trump's One Big Beautiful Bill Act.
The accounts launch on July 4, 2026, with payroll pre-tax contributions and investments in index funds.