Publication Date

8-5-2021

Summary

In this policy brief, prominent Child Development Account (CDA) experts and researchers recommend changes in policies and practices for state college savings (529) plans. If adopted, the changes would make possible the use of the 529 plans to deliver CDAs for all children in the United States. In a companion brief, they present the case for a nationwide CDA policy and identify design principles.

Document Type

Policy Brief

Category

Asset building

Subarea

Asset Building, Inclusion in Asset Building

Original Citation

Cisneros, J., Clancy, M. M., Elliott, W., III, Feinstein, A., Kanter, M., Karcher-Ramos, M., Kugler, C., Peachey, J., Quint, C., Shapiro, T. M., & Sherraden, M. (2021, August). Redesigning college savings (529) plans to achieve inclusive Child Development Accounts: A policy brief developed by CDA experts and researchers (CSD Policy Brief No. 21-21). Washington University, Center for Social Development.

Project

SEED for Oklahoma Kids

Keywords

United States; 2021 ; 529 college savings plan ; child development accounts (CDA) ; policy ; SEED for Oklahoma Kids (SEED OK) ; state policy ;

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