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Briefs & Summaries Financial Inclusion Global Asset Building

A Savings Account for Every Child Born in Israel: Recommendations for Program Implementation

By CSD • April 22, 2016September 1, 2021

In November 2015, Israel enacted legislation to create and fund a Child Development Account program. Beginning in 2017, every baby born to an insured Israeli resident will receive a Child Development Account in his or her name. This brief details the policy, which was developed in collaboration with researchers at the Center for Social Development, and offers recommendations to guide its implementation.

Project: Israel: Asset Building Policy and Child Development Accounts

Citation

Grinstein-Weiss, M., Covington, M., Clancy, M. M., & Sherraden, M. (2016, April). A savings account for every child born in Israel: Recommendations for program implementation (CSD Policy Brief No. 16-11). St. Louis, MO: Washington University, Center for Social Development.

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2016Child Development Accounts (CDA)Individual Development Account (IDA)IsraelIsrael: Asset Building Policy and Child Development AccountsMargaret ClancyMeredith CovingtonMichael SherradenMichal Grinstein-Weisspolicy

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