Expanding Savings Options
for Persons with Disabilities through the Establishment of Individual
By: Sara Sack, Ph.D.
Assistive Technology for Kansans
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
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.