Crypto firm Strategy will contribute $250 annually to employees’ children’s Trump accounts, with an extra $1,000 in seed funding for newborns.
1 hours ago
Strategy announced it has joined the "Invest in America Commitment" initiative, pledging to contribute $250 annually to each eligible U.S. employee’s minor child’s Trump Account (a 530A account), with no restrictions on the children’s birth years. For children born on or after January 1, 2025, the company will also provide an additional one-time match of the $1,000 seed funding offered by the U.S. government. Phong Le, President and CEO of Strategy, stated: "Trump Accounts and the Invest in America initiative can build a stronger financial future for U.S. children. The company will match the government’s initial $1,000 contribution and provide additional annual contributions to eligible employees’ children. These accounts encourage financial literacy, long-term thinking, and a culture of saving and investing from an early age—goals that align closely with Strategy’s values and optimistic outlook for the future." A Trump Account is a tax-deferred investment account for minors under 18, invested in low-cost U.S. index funds. Children born between 2025 and 2028 will receive a one-time $1,000 seed funding from the U.S. Treasury upon registration. Strategy’s program will launch after the U.S. Treasury releases final guidelines and the employer contribution infrastructure is rolled out. The company has already announced the plan to employees during internal quarterly meetings and will share registration details with eligible staff ahead of the launch.
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