JPMorgan Chase CEO Jamie Dimon speaks at the U.S. Chamber of Commerce in Washington on January 15, 2026.
Luke Johnson | Bloomberg | Getty Images
JP Morgan Chase announced Wednesday that it will match the U.S. government’s one-time $1,000 contribution to new child retirement savings accounts for eligible U.S. employees, the latest financial company to announce such action.
The so-called “Trump Account” is part of a pilot program that will deposit $1,000 from the U.S. Treasury into tax-advantaged accounts for eligible children born in the United States between January 1, 2025 and December 31, 2028.
The program, the brainchild of hedge fund manager Brad Gerstner, aims to encourage long-term savings and investments from birth. US billionaires, including Michael Dell and Susan Dell, have pledged to contribute to the effort. Rap artist Nicki Minaj also plans to donate between $150,000 and $300,000 to a fan’s Trump account.
“JPMorgan Chase has demonstrated a long-term commitment to the financial health and well-being of all of its employees and their families around the world, including more than 190,000 people here in the United States,” CEO Jamie Dimon said in a release. “Matching this gift will make it easier for them to start saving early, invest wisely and plan for their families’ financial future.”
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