Empower Pledges $1k to Trump Accounts
Empower announced it will provide a $1,000 benefit to match the Treasury Department’s contribution for every Empower associate whose children qualify for a deposit under the recently established Trump Accounts program.
“Starting early matters,” said Edmund F. Murphy III, president and CEO of Empower. “When investing begins at an early age, time and compounding can be advantageous to every investor. This benefit helps families take that first step and reinforces the idea that investing should be accessible to everyone.”
To qualify for the accounts, children must be born in the U.S. between Jan. 1, 2025, and Dec. 31, 2028, according to government rules. Empower said it will share additional details on eligibility, timing, and administration directly with associates.