Brief

In two rapid-fire pages, this report spotlights the power — and untapped potential — of Individual Development Accounts, which give families with fragile finances a unique opportunity to think beyond the struggles of today and invest in tomorrow. This fact sheet is one installment in a 10-part series, called Building Family Economic Success, that highlights how the Foundation is helping to economically empower families across America.        

August 1, 2005

Building Family Economic Success Fact Sheets

In This Report, You’ll Learn

  1. 1

    About IDAs and IDA programs.

  2. 2

    Facts about low-income families and finances.

  3. 3

    How Casey is helping these families build assets.

  4. 4

    Possible next steps for expanding IDA programs.

Key Takeaway

The challenge of thinking long-term when money is short

Many hardworking American families cannot plan — or even dream — beyond the next paycheck. Yet, saving for the future and accumulating assets are vital safety nets that can mark the difference between stability and financial ruin when a family runs into hard times.   

Findings & Stats

Statements & Quotations