Trump Accounts Are an ‘Angel Round’ of Investment in America’s Youth
Bank of America announced Wednesday that it will match the federal government’s $1,000 contribution to Trump Accounts for eligible children of its 165,000 U.S. employees. The move makes BofA the latest in a rapidly expanding roster of major employers—including BlackRock, Intel, Charles Schwab, J.P. Morgan Chase, Charter Communications, Robinhood, SoFi, and Uber —that view these accounts as both competitive employee benefits and vehicles for generational wealth creation.
What began as Section 530A in last year’s One Big Beautiful Bill Act is evolving into something more…
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