Trump Urges Employers to Match Federal Contributions in New $1,000 'Trump Accounts' Baby Savings Program
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At a Jan. 28, 2026, Washington event launching "Trump Accounts," President Trump urged employers nationwide to match the federal government's $1,000 seed deposits into workers’ children's accounts, framing the matches as a new standard workplace benefit and spotlighting corporate backers such as Dell CEO Michael Dell and Invest America founder Brad Gerstner. Bank of America announced it will match the $1,000 for children born 2025–2028 of its roughly 165,000 U.S. employees, and Visa is developing a platform to let cardholders direct cash‑back rewards into Trump Accounts, signaling early financial‑industry integration.
Trump Accounts and Tax Policy
U.S. Economic Policy and Household Wealth
Donald Trump