The new program allows parents to set up savings for young children that can later be used similarly to a traditional IRA.

Two of the biggest U.S. banks said they would match a $1,000 federal contribution for employees who open a Trump Account, ...

A Trump Account is a type of IRA for the exclusive benefit of eligible children. You'll need to opt in to get the $1,000 seed money.

Financial firms dominate the list of companies that are matching contributions for the ...

Bank of America said it will match the federal government’s $1,000 contribution to Trump accounts for eligible U.S. employees ...

The Trump Accounts can be set up when filling out tax form 4547 this tax season.

The banks follow similar pledges from other companies including BlackRock and BNY.

With strict rules and limited tax benefits, Trump accounts aren’t right for every family—particularly if they’ re not eligible for government or private seed contributions.

JPMorgan and Bank of America will match the government's one-time contribution to investment accounts for newborns, known as ...

Two of the country's biggest banks are lining up behind President Trump's new savings push for kids, and they are putting ...

President Donald Trump calls on employers to match Trump Account contributions as new program promises $1,000 nest egg for ...