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Briefs & Summaries Financial Inclusion Global Asset Building

Building Children’s Assets in Singapore: The Beginning of a Lifelong Policy

By CSD • December 9, 2015September 1, 2021

Singapore has comprehensive lifelong asset-building policies for its citizens. Four programs specifically target children: (1) Children Development Accounts (CDAs) for children starting at birth to age 12; (2) the Edusave account for school children aged six to 17; (3) Postsecondary Education accounts (PSEAs) for children aged 13 years and older; and (4) the Medisave Account, which is opened for every newborn.

Project: Singapore: Post-Secondary Education Account Policy

Citation

Loke, V., & Sherraden, M. (2015, December). Building children’s assets in Singapore: The beginning of a lifelong policy (CSD Policy Brief No. 15-51). St. Louis, MO: Washington University, Center for Social Development.

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2015AsiaChild Development Accounts (CDA)Michael SherradenSingaporeSingapore: Post-Secondary Education Account PolicyVernon Loke

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