American Airlines has become the latest major employer to establish a matching contribution program for Trump Accounts, according to a statement released Monday. The airline will provide a one-time $1,000 contribution to match the federal government’s $1,000 seed deposit for eligible children of employees.
Trump Accounts, formally known as 530A accounts, are tax-deferred savings vehicles available to U.S. children under age 18. Children born between 2025 and 2028 whose parents or guardians establish an account qualify to receive the $1,000 initial Treasury deposit. Once opened, account holders can accept additional contributions of up to $5,000 annually from parents, guardians, grandparents, and other contributors until the year before the beneficiary turns 18.
Approximately 1.4 million children have already enrolled in Trump Accounts and received the federal seed money. American Airlines noted that thousands of children of its workers could be eligible for the employer matching funds. The company joins a growing coalition of major financial and corporate institutions supporting the program, including Goldman Sachs and Morgan Stanley, which have committed to fully matching the government’s $1,000 contribution. According to Treasury Department data, more than 50 companies have pledged support for employee Trump Account contributions in some capacity.
Starting in 2027, American Airlines will offer eligible employees the ability to contribute up to $2,500 of pretax earnings annually to their dependent children’s Trump Accounts. This feature will be available to roughly one-third of the airline’s approximately 140,000 global workforce once Treasury Department regulations governing pretax contributions become final. Treasury Secretary Scott Bessent characterized corporate participation as evidence of broad support for the savings initiative.
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