A Citibank logo sits in the window of one of the bank’s branches in Chicago on Nov. 15, 2023. Scott Olson/Getty Images
Citigroup will match the U.S. government’s initial $1,000 contribution to the proposed Trump Accounts for eligible employees’ families, the U.S. lender announced on Thursday.
Trump Accounts, created as part of President Donald Trump’s One Big Beautiful Bill Act and expected to be rolled out on July 4, will see the U.S. Treasury deposit $1,000 of seed money into investment accounts for all children born between 2025 and 2028 with a valid social security number.
