Bank of America, JPMorgan Chase to contribute $1,000 to Trump Accounts for their employees
Headline from CBS News
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.
CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
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 announced Wednesday that it will fully match the government’s $1,000 deposit into newly created “Trump accounts” for eligible employees with qualifying children.
Bank of America will match the US government’s $1,000 contributions to Trump accounts for eligible employees, according to an internal memo sent to staffers Wednesday morning.
Bank of America is embracing the Trump administration's signature savings initiative, pledging to match the federal government's $1,000 contribution to Trump Accounts for eligible employees' children born between 2025 and 2028. | Economy
