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Washington University in St. Louis
2019 ; 529 college savings plan ; child development accounts (CDA) ; college success ; margaret clancy ; Michael Sherraden ; policy ; SEED for Oklahoma Kids (SEED OK) ; Sondra Beverly ; state policy ;
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Full-Text Articles in Social Work
Essential Policy Design Elements For Statewide Child Development Accounts, Margaret M. Clancy, Michael Sherraden, Sondra G. Beverly
Essential Policy Design Elements For Statewide Child Development Accounts, Margaret M. Clancy, Michael Sherraden, Sondra G. Beverly
Center for Social Development Research
This Fact Sheet defines 10 essential and well-established design elements of state CDA legislation. Several states have adopted CDA policies, some by legislation and others by administrative rule, all using their 529 plans as the financial platform. Those interested in creating a statewide policy can view a full discussion and documentation of sample legislation in full in the Policy Summary from which this work is adapted.