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Washington University in St. Louis
Child Development Accounts ; SEED for Oklahoma Kids ; experiment ; United States ; Temporary Assistance for Needy Families ; TANF ; Head Start
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Full-Text Articles in Social Work
Financially Vulnerable Families Reap Multiple Benefits From Child Development Accounts, Jin Huang, Sondra G. Beverly, Youngmi Kim, Margaret M. Clancy, Michael Sherraden
Financially Vulnerable Families Reap Multiple Benefits From Child Development Accounts, Jin Huang, Sondra G. Beverly, Youngmi Kim, Margaret M. Clancy, Michael Sherraden
Center for Social Development Research
Financially vulnerable families face numerous challenges that can adversely affect their children’s development. This brief reports on the effects of Child Development Accounts (CDAs), a financial capability intervention, in families receiving Temporary Assistance for Needy Families or Head Start. The results show that CDAs positively shape several financial and nonfinancial outcomes for these families.