Charles Schwab to Match U.S. Government's $1,000 Contribution to Trump Accounts for Employees' Children

Core Viewpoint - The Charles Schwab Corporation will match the U.S. government's one-time $1,000 contribution to eligible newborn children of Schwab's U.S. employees, effectively providing an additional $1,000 per eligible child [1] Group 1: Company Initiatives - Schwab's initiative is part of a children's saving account program known as "Trump Accounts," which was signed into law by President Trump [1] - The program provides a $1,000 pilot contribution from the U.S. Treasury into a tax-advantaged account for eligible children born in the U.S. [1]