JPMorgan, Bank of America are matching workers’ Trump account contributions

By Katherine Doherty, Hannah Levitt and Yizhu Wang
Published 2 Min Read

JPMorgan Chase, Bank of America and Wells Fargo said they will match the U.S. government’s $1,000 “Trump Account” contributions for eligible employees with children born between the beginning of last year and the end of 2028.

Bank of America said it will also enable eligible staffers with children under the age of 18 to make pretax contributions to Trump accounts through payroll deductions, according to the memo sent to employees, the contents of which were confirmed by a Bank of America representative.

Katherine Doherty, Hannah Levitt and Yizhu Wang

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