Individual development accounts (Topical Term)

Work cat.: Helping families build assets : the implementation of individual development accounts in North Carolina, 1999: p. 3 (IDAs)

United States. Community opportunities, accountability, and training and educational services act of 1998: Sec. 404 (5) (Individual development account)

National Governors' Association web site, June 30, 2000: briefing paper on Individual Development Accounts (The individual development account (IDA) is a new policy tool that is directed toward enabling struggling families to build assets and achieve economic well-being. Individual development accounts are matched savings accounts that are similar to individual retirement accounts (IRAs). Use of the assets accrued in IDAs is restricted to postsecondary education and training, business capitalization, and home ownership)

Bankrate.com web site, June 30, 2000: lead article (Individual Development Account program, money saved by an eligible individual is supplemented with money added by banks or organizations; may be a "community agency;" 25 states already have some version of an Individual Development Account up and running. Usually, nonprofit agencies have linked up with local banks and credit unions to offer the program)

Here are entered works on government- or charity-matched savings accounts that are intended to encourage low-income individuals and families to build assets and gain self-sufficiency.