Bank of America, Trump and JPMorgan Chase
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A new kid-focused savings option is starting to appear in bank benefits, with President Trump’s latest account idea in the mix.
Major employers are matching $1,000 Trump Account deposits—giving kids a $2,000 head start to grow, compound, and access when they turn 18.
The new program allows parents to set up savings for young children that can later be used similarly to a traditional IRA.