The major companies putting $1,000 into their employees' Trump accounts

Several companies have announced plans to contribute $1,000 to eligible employees' Trump accounts.

Brendan Smialowski / AFP via Getty Images

More and more American companies are planning to invest in Trump Accounts.The accounts, set to launch in July, are a new investment account intended to help children grow wealth and to make capitalism cool again.And it comes with free money: If your baby is born between 2025 and 2028 and is an American citizen, the government will deposit $1,000 into the account.In addition to that, the Trump administration has also encouraged private companies to get involved and match the government's $1,000 contribution for their employees.Beginning in December and continuing through February, many companies — particularly banks and financial institutions — have announced they'll do just that.Under the law, companies can contribute up to $2,500 per year to employees' Trump Accounts.Here are some of the major companies that have announced that they'll contribute to their employees' children's Trump Accounts.

Bank of New York Mellon is an international financial services company.

Illustration by Cheng Xin/Getty Images