American Airlines and Dell Expand Support for Trump Accounts with New Contributions
American Airlines Group Inc. (AAL) is offering a one-time $1,000 contribution to eligible employees' children's Trump Accounts, matching the federal government’s initial seed funding of $1,000 per child. The airline also plans to allow pretax contributions of up to $2,500 annually starting in 2027 for roughly a third of its nearly 140,000 employees. Separately, Dell Technologies Inc. (DELL) is beginning automatic deposits of $250 into eligible children's Trump Accounts through the Dell Foundation. The grants are being distributed to children born between 2016 and 2024 in lower-income ZIP codes across the U.S., with initial funds already moving into accounts for Texas residents. Trump Accounts, officially known as 530A accounts, were launched nationwide on July 4, offering a $1,000 federal contribution to children born between 2025 and 2028. The program has seen growing private-sector support from companies like Goldman Sachs, Morgan Stanley, JPMorgan Chase & Co., and others.
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Topics: American Airlines Dell Employee Benefits Trump Accounts