Trump Account for babies: JPMorgan, Bank of America to match $1,000 contributions for eligible employees — what we know

JPMorgan Chase & Co and Bank of America Corp on Wednesday said in separate releases that the companies will match the US government’s $1,000 “Trump Account” contributions for eligible employees whose children were born between the beginning of last year and the end of 2028.The two firms join several other corporations in announcing such a measure, with companies such as Visa Inc, Chime Financial Inc and BlackRock Inc also pledging to match the government’s Trump Account contributions, according to a CNBC re ...