Bank of America, JPMorgan Chase 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.
Last updated: 2026-01-30 01:38:52 ET
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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.
Bank of America will match the US government’s $1,000 contribution to Trump accounts for eligible employees, according to an internal memo sent to s...
JPMorgan and Bank of America join the list of companies matching $1,000 contributions to employees' 'Trump accounts'
Financial firms dominate the list of companies that are matching contributions for the
A growing number of large employers have announced that they will match contributions to Trump accounts for their employees.
Older high-income workers who make contributions beyond the standard amount will have to put that extra money into a Roth 401(k). That may lower their...