The Bank of New York Mellon Corporation (BNY) announced Thursday that employees’ children would receive a matching donation of $1,000 when the government sets up “Trump Accounts” under the One Big Beautiful Bill Act as an investment for infants.
According to a press release about its plans, BNY’s “match of the pilot contribution will provide an additional $1,000 per eligible child once the account is opened and verified, helping families start saving from Day One.”
“For more than two centuries, BNY has supported our nation’s financial ecosystem and the people who power it, including our own employees. This initiative advances that mission in a meaningful way,” BNY CEO Robin Vince said in a statement. “By matching the government’s contribution, we’re helping our employees give their children a head start toward a stronger financial future.”…