Expanding Savings Options
for Persons with Disabilities through the Establishment of Individual
Development Accounts
By: Sara Sack, Ph.D.
Assistive Technology for Kansans
(316) 421-8367
IDAs and WELFARE REFORM
IDAs are matched savings
and investment accounts for people who have low-incomes.
IDAs have been used to help individuals save for high return investments in
education, job training, homownership, and microenterpirse.
"The Personal
Responsibility and Work..."
"Contributions from
lower income participants..."
STATE IDA INITIATIVES
"32 states include
IDAs in..."
"NJ and NY have
pending..."
MULITPLE APPROACHES BEING
USED
KANSAS APPROACH
Flacke, T.,
Grossman, B., & Jennings, S. “Individual Development Account Program Design
Handbook: A Step-by-Step Guide to Designing an IDA Program,” (1999).
Corporation for Enterprise Development, 777North Capitol Street, NE, Suite 410,
Washington, D.C. 20002, (202) 408-9788/
Sherraden,M., Page-Adams, D., Johnson, L. (1999). Downpayments
on the American Dream Policy Demonstration: A National Demonstration of
Individual Development Accounts, Start-up Evaluation Report. St. Louis, MO:
Center for Social Development at Washington University.
www.gwbweb.wustl.edu/csd/ida
www.welfareinfo.org/individu.htm