Treasury Secretary Scott Bessent speaks during the Trump Accounts summit at the Andrew W. Mellon Auditorium in Washington on Jan. 28, 2026. Madalina Kilroy/The Epoch Times
Bank of America and JPMorgan Chase said on Jan. 28 that they would match the U.S. government’s one‑time $1,000 contribution to children’s retirement accounts—also known as Trump Accounts—for eligible employees.
The current administration’s pilot program sets aside a $1,000 Treasury-funded deposit in a tax‑advantaged account for eligible children born in the United States between Jan. 1, 2025, and Dec. 31, 2028.
