Intel, which has US government as its largest shareholder, makes a promise for ‘Trump accounts’


Intel, which has US government as its largest shareholder, makes a promise for ‘Trump accounts’

Intel has announced that it will match the Trump administration’s $1,000 payout for children of its US employees. The contribution will be made under the 530A ‘Trump Accounts’ programme for eligible children of US employees. The 530A program, often called “Trump accounts”, is a tax-deferred savings account for children under 18, funded with a $1,000 contribution from the US government for children born between 2025 and 2028.The matching funds, which will benefit Intel staff, mark a sign of a close working relationship between the Trump administration and the chipmaker, which now counts the US government as its largest shareholder. This comes after the US government took a 10% stake in the chipmaker through an $8.9 billion investment in 2025.In a blog post, Intel CEO Lip-Bu Tan stated, “America’s future technologists will define the next era of innovation, and the Trump Accounts program helps give them an early financial foundation. By matching the federal government’s contribution, Intel is reinforcing our longstanding commitment to investing in our people and expanding the ways we support employees’ families as they prepare for the future.”Apart from this, Intel claims that it has supported the next generation for decades through expanded access to STEM education and digital readiness initiatives. The new employee benefit builds on this approach and reflects the company’s continued focus on supporting families. It adds to existing offerings such as fertility benefits, adoption support, childcare assistance, scholarship programs, and college coaching resources.

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What are ‘Trump accounts’ that will benefit the kids of company employees

In 2025, this program was passed as part of the Trump administration’s “Big Beautiful Bill” and is intended to jumpstart wealth-building opportunities for children, allowing their investments to grow and compound for years before they become adults.According to a CNBC report, Intel is joining a list of other companies that say they will match the federal $1,000 contribution. They include SoFi, Charter Communications, BNY, BlackRock, Investment Company Institute, Robinhood and Charles Schwab.In December 2025, Dell founder Michael Dell said he would donate $6.25 billion to the program to seed some Trump accounts for children born before the January 1 cutoff, with each account receiving $250.



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