Language

English (en)

Publication Date

10-10-2025

Summary

In 2014, Maine's statewide Child Development Policy, the My Alfond Grant, transitioned from an opt-in enrollment structure to an automatic one. Written as federal policymakers weigh enrollment options for the new Trump Accounts, this brief highlights lessons from Maine's transition and findings from the the SEED for Oklahoma Kids experiment, offering recommendations for implementing the new federal policy.

Document Type

Policy Brief

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Clancy, M., Huang, J., & Sherraden, M. (2025). The case for automatic enrollment in Trump Accounts: Lessons from Maine's CDA (CSD Policy Brief No. 25-51). Washington University, Center for Social Development. https://doi.org/10.7936/V1H4-2C90

Project

SEED for Oklahoma Kids

Keywords

Trump Accounts ; policy ; Child Development Accounts (CDAs) ; SEED for Oklahoma Kids (SEED OK) ; federal early wealth building ; Maine ;

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