Charter Communications Matches Federal Contributions for Employees' Children's Savings Accounts

Charter Communications, operating under the Spectrum brand, is participating in the "Invest in America" Trump Accounts initiative, matching the federal government's $1,000 contribution for its employees' children. This doubles the impact of the program for thousands of working families across the country. Charter also plans to offer employees additional ways to direct their own pay into their children's accounts, further strengthening its commitment to its 100% U.S.-based employee workforce.

Charter Communications, operating under the Spectrum brand, has announced its participation in the federal "Invest in America" Trump Accounts initiative. This program aims to bolster the financial future of employees' children by matching the federal government's $1,000 contribution, effectively doubling the impact of the program for thousands of working families across the country [1].

The initiative builds on Charter's broader commitment to employee financial security. The company has recently introduced an Employee Stock Purchase Plan (ESPP) that allows employees to purchase Charter stock and receive matching Restricted Stock Units (RSUs) based on tenure. Additionally, Charter offers a market-leading retirement plan with a Company contribution of up to 9% of eligible pay per year, comprehensive health benefits, and a starting wage of at least $20 per hour [1].

Charter's Education Benefit covers 100% of tuition costs for full-time employees pursuing select degrees and certificates, and its self-progression programs provide opportunities for employees to advance their careers and increase their earnings. The company also plans to create a path for employees to direct completion bonuses to their children's "Invest in America" Trump Accounts [1].

By participating in the "Invest in America" Trump Accounts initiative, Charter is extending its long-standing employee support to directly benefit the next generation. This new benefit adds to the company's broader strategy to attract and retain talent, strengthen families, and support employees at every stage of life [1].

Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, supported by a 100% U.S.-based workforce, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice [1].

References:
[1] https://www.prnewswire.com/news-releases/charter-joins-invest-in-america-trump-accounts-initiative-deepening-support-for-employees-and-their-families-302509624.html