Publication Date
12-12-2019
Summary
This Fact Sheet defines 10 essential and well-established design elements of state CDA legislation. Several states have adopted CDA policies, some by legislation and others by administrative rule, all using their 529 plans as the financial platform. Those interested in creating a statewide policy can view a full discussion and documentation of sample legislation in full in the Policy Summary from which this work is adapted.
Document Type
Fact Sheet
Category
Asset building
Subarea
Asset Building
Original Citation
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, December). Essential policy design elements for statewide Child Development Accounts (CSD Fact Sheet No. 19-47). St. Louis MO: Washington University, Center for Social Development.
Project
SEED for Oklahoma Kids
Keywords
2019 ; 529 college savings plan ; child development accounts (CDA) ; college success ; margaret clancy ; Michael Sherraden ; policy ; SEED for Oklahoma Kids (SEED OK) ; Sondra Beverly ; state policy ;
Recommended Citation
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, December). Essential policy design elements for statewide Child Development Accounts (CSD Fact Sheet No. 19-47). St. Louis MO: Washington University, Center for Social Development.