{"id":422469,"date":"2026-09-01T03:44:16","date_gmt":"2026-09-01T03:44:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/422469\/"},"modified":"2026-09-01T03:44:16","modified_gmt":"2026-09-01T03:44:16","slug":"american-airlines-to-match-1000-for-trump-accounts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/422469\/","title":{"rendered":"American Airlines to match $1,000 for Trump Accounts"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" class=\"responsive-image\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/09\/american airlines planes(2).jpeg\"   width=\"1200\" height=\"674\" title=\"American Airlines Terminal C at DFW International Airport at DFW Airport is shown in April 2016. American Airlines will match federal Trump Account contributions for its employees, its CEO announced Aug. 31.\" alt=\"American Airlines Terminal C at DFW International Airport at DFW Airport is shown in April 2016. American Airlines will match federal Trump Account contributions for its employees, its CEO announced Aug. 31.\"\/><\/p>\n<p>        American Airlines Terminal C at DFW International Airport at DFW Airport is shown in April 2016. American Airlines will match federal Trump Account contributions for its employees, its CEO announced Aug. 31.<\/p>\n<p>                Max Faulkner<\/p>\n<p>            mfaulkner@star-telegram.com<\/p>\n<p>Fort Worth-based American Airlines will match the $1,000 federal contribution into Trump Accounts for its employees\u2019 children, the company\u2019s CEO said Monday.<\/p>\n<p>American Airlines Group CEO Robert Isom discussed the initiative during a news conference in Austin with Sen. Ted Cruz, a Texas Republican who <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/www.houstonchronicle.com\/politics\/texas\/article\/ted-cruz-tax-cut-plan-20324854.php\">helped lead the charge<\/a> on the investment accounts in Washington.<\/p>\n<p>American children born between Jan. 1, 2025 and Dec. 31, 2028 are<a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/trumpaccounts.gov\/\"> eligible for Trump Accounts<\/a>, a type of investment account meant to set children up financially later in life. Up to $5,000 can be invested into the accounts per year.<\/p>\n<p>In addition to matching the initial one-time $1,000 federal investment employees who have children with the accounts, American Airlines will allow employees to annually contribute $2,500 pre-tax to \u201chelp build long term financial security for the next generation,\u201d Isom said.<\/p>\n<p>\u201cIt\u2019s another way we\u2019re helping our team and our team\u2019s families create a stronger foundation for the future,\u201d Isom said.<\/p>\n<p>American Airlines spokesman Matt Miller said employees can get the match for each child with a Trump account. The $2,500 pre-tax contribution is a cap divided amongst any accounts, he said.<\/p>\n<p>American Airlines has more than 40,000 employees in Texas. The company is working to implement the new benefits by 2027 with more details about how to participate expected in the coming weeks, according to an email that was sent to employees Monday.<\/p>\n<p>                                          <img decoding=\"async\" class=\"responsive-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/09\/IMG_7862.JPG\"   width=\"1200\" height=\"900\" title=\"IMG_7862.JPG\" alt=\"American Airlines Group CEO Robert Isom speaks in Austin at a news conference about Trump Accounts hosted by Sen. Ted Cruz, a Republican from Texas, on Aug. 31, 2026.\"\/>                                                                                    American Airlines Group CEO Robert Isom speaks in Austin at a news conference about Trump Accounts hosted by Sen. Ted Cruz, a Republican from Texas, on Aug. 31, 2026.                                                                                            Eleanor Dearman                                                                            Fort Worth Star-Telegram                                                                                        <\/p>\n<p>Dell CEO Michael Dell also joined Cruz at the Monday news conference. He and his wife Susan Dell have pledged $6.25 billion for Trump Accounts. <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/www.whitehouse.gov\/releases\/2025\/12\/landmark-dell-gift-supercharges-trump-accounts-for-americas-kids\/\">The donation offers<\/a> an additional $250 to children under the age of 10 who live in ZIP codes where the median income is below $150,000.<\/p>\n<p>Other attendees included Social Security Commissioner and IRS CEO Frank Bisignanom, Brad Gerstner, the CEO of Altimeter Capital and BNY CEO Robin Vince.<\/p>\n<p>Other business leaders joined Cruz for a roundtable discussion following the news conference.<\/p>\n<p>Children are currently not automatically enrolled for Trump Accounts, but the automatic enrollment for children under the age of 18 is the ultimate vision, Cruz said.<\/p>\n<p>\u201cThat is what the president has said,\u201d Cruz said. \u201cThat is what the Treasury Secretary has said. That is what is written into the statute: That every child will have an investment account and that way every child has skin in the game.\u201d<\/p>\n<p class=\"summary gray\">This story was originally published August 31, 2026 at 5:55 PM.<\/p>\n<p>                <a href=\"https:\/\/www.star-telegram.com\/profile\/247373034\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                        <img decoding=\"async\" class=\"author-thumb\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/09\/image000000 2.jpg\" width=\"400\" height=\"400\" alt=\"Profile Image of Eleanor Dearman\" loading=\"lazy\"\/><br \/>\n                    <\/a><\/p>\n<p>                <a class=\"author-name\" href=\"https:\/\/www.star-telegram.com\/profile\/247373034\/\" rel=\"nofollow noopener\" target=\"_blank\">Eleanor Dearman<\/a><\/p>\n<p>                    Fort Worth Star-Telegram<\/p>\n<p>            Eleanor (Elly) Dearman is a Texas politics and government reporter for the Fort Worth Star-Telegram. She\u2019s based in Austin, covering the Legislature and its impact on North Texas. She grew up in Denton and has been a reporter for more than six years.<br \/>\n            <a href=\"https:\/\/star-telegram.com\/subscribe\" style=\"color: #5169B8; text-transform: none;\" rel=\"nofollow noopener\" target=\"_blank\">Support my work with a digital subscription<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"American Airlines Terminal C at DFW International Airport at DFW Airport is shown in April 2016. American Airlines&hellip;\n","protected":false},"author":2,"featured_media":422470,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[116,118,117],"class_list":["post-422469","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/422469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=422469"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/422469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/422470"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=422469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=422469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=422469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}