JPMorgan Chase to Match $1,000 for Trump Accounts of Employees' Kids

Bank will contribute additional $1,000 to government-backed savings program for children born to eligible workers.

Jan. 29, 2026 at 4:31am

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JPMorgan Chase announced it will match the $1,000 contribution from the U.S. government to the new 'Trump Accounts' program for children born to eligible employees between 2025 and 2028. The bank said the initiative is designed to promote early saving and investing for families.

Why it matters

The Trump Accounts program aims to provide every newborn American child with a government-backed savings account to help build wealth from an early age. JPMorgan Chase's decision to match the government's contribution demonstrates the bank's commitment to supporting its employees' financial well-being and their children's futures.

The details

Under the Trump Accounts program, the U.S. Treasury will deposit $1,000 into savings accounts for children born between January 1, 2025 and December 31, 2028. JPMorgan Chase said it will add an additional $1,000 to the accounts of children born to its eligible U.S. employees during that time period.

  • The Trump Accounts program is scheduled to launch on July 4, 2026.
  • JPMorgan Chase's matching contributions will be for children born between January 1, 2025 and December 31, 2028.

The players

JPMorgan Chase

A major American multinational investment bank and financial services company.

Donald Trump

The 45th President of the United States, who proposed the creation of the 'Trump Accounts' program.

Jamie Dimon

The chairman and CEO of JPMorgan Chase.

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What they’re saying

“JPMorgan Chase has demonstrated a long-term commitment to the financial health and well-being of all of our employees and their families around the world, including more than 190,000 here in the United States. By matching this contribution, we're making it easier for them to start saving early, invest wisely, and plan for their family's financial future.”

— Jamie Dimon, Chairman and CEO of JPMorgan Chase (timebulletin.us)

“I'm officially calling on all employers all across America to follow the lead of many of these amazing companies and make matching Trump Account contributions to benefit for the American worker, and they're going to benefit the American worker so much.”

— Donald Trump (timebulletin.us)

What’s next

The Trump Accounts program is scheduled to officially launch on July 4, 2026, at which point eligible children will be able to have the $1,000 government contribution deposited into their accounts.

The takeaway

JPMorgan Chase's decision to match the government's $1,000 contribution to the Trump Accounts program demonstrates the bank's commitment to supporting its employees and their families' financial futures. This initiative aims to help build wealth for the next generation of Americans from an early age.