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BlackRock to Match ‘Trump Account’ Contributions for Employees

Bloomberg Markets
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BlackRock to Match ‘Trump Account’ Contributions for Employees

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000BlackRock Inc. will match government contributions to “Trump accounts” for its employees, making it one of the first major US companies to lay out plans for supporting the early-childhood savings program.The US government pledged to seed investment accounts with $1,000 for children as part of President Donald Trump’s One Big Beautiful Bill Act earlier this year. BlackRock on Wednesday said it will offer a match to the government’s contribution for all eligible US employees.

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Source: Bloomberg Markets