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Stock impact report

Trump accounts get supercharged by employer matches — some companies offer up to $1,000 [CNBC]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: CNBC
The growing list of companies that will match contributions to Trump accounts for their employees now includes BNY, BlackRock, Robinhood and Charles Schwab, among others. Parents and guardians can elect to open an account as soon as Jan. 26 — the start of the tax filing season. Soon, parents and guardians can open a Trump account for their children — and a number of large employers are piling on the incentives to get set up. For starters, babies born in 2025 through 2028 may receive a one-time $1,000 contribution from the Department of the Treasury . There are no income requirements, and all U.S. families are eligible for the initial seed money. But, in some cases, that is just the half of it. To help fund these savings accounts from the outset, a growing list of companies, including SoFi Charter Communications BNY BlackRock , Investment Company Institute, Robinhood and Charles Schwab , announced they will match the federal $1,000 contribution for employees' children. While Show less Read more
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