Investing in Dreams: A Blueprint for Designing Children's Savings Account Programs

Shira Markoff and Dominique Derbigny

In 2015, the Corporation for Enterprise Development (CFED) launched the Campaign for Every Kid's Future, an initiative to promote dedicated savings for children’s post-secondary education. The Campaign has developed a guide for state and local government and nonprofits to design, staff, implement, and evaluate Children’s Savings Accounts (CSA)—a long-term, incentivized savings product that has been shown to facilitate educational attainment and family financial stability. The guide describes how initial deposits, matched savings, benchmark incentives, and tax credits can be used to open CSAs for 1.4 million children by 2020.

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