S&P Global to match program for government contribution to Trump Accounts

S&P Global

08/04/2026 24:33

April 7 (Reuters) - S&P Global will match the U.S. government's initial $1,000 contribution to the proposed Trump Accounts for eligible employees' families, the analytics firm said on Tuesday.

Trump Accounts, created as part of U.S. President Donald Trump's One Big Beautiful Bill Act and expected to be rolled out on July 4, will see the U.S. Treasury deposit $1,000 of seed money into investment accounts for all children born between 2025 and 2028 with a valid social security number.

S&P joins Citigroup C.N, Bank of America BAC.N, Wells Fargo WFC.N and JPMorgan Chase JPM.N in launching similar match programs.

 (Reporting by Natalia Bueno Rebolledo in Mexico City; Editing by Anil D'Silva)

 ((natalia.bueno@thomsonreuters.com))