The major companies putting $1,000 into their employees' Trump accounts, from Goldman Sachs to Micron
From IBM to Citi, a growing number of companies have pledged to match the government's $1,000 contribution for employees' kids' Trump Accounts.
Several major U.S. companies, including Dell, Goldman Sachs, Micron, Bank of America, BlackRock, BNY Mellon, Charles Schwab, and Chipotle, have announced they will contribute $1,000 to employees' Trump Accounts. These accounts, launched on July 4, offer $1,000 to American children born between 2025 and 2028 to help them grow wealth.
The Trump administration encouraged private companies to match the government's contribution for their employees. Companies can contribute up to $2,500 per year to employees' Trump Accounts. Dell, a tech company, plans to donate $1,000 to its employees' children's Trump Accounts. Goldman Sachs CEO David Solomon stated that the bank will match the government's $1,000 contributions.
Micron announced a $250 million investment in Trump Accounts, matching employee contributions up to $1,000 for children under 18. Bank of America, BlackRock, BNY Mellon, Charles Schwab, and Chipotle also announced their contributions to employees' Trump Accounts.
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