Asset Building Financial Inclusion Practice & Research Tools

Financial Outcomes in SEED for Oklahoma Kids

The SEED for Oklahoma Kids (SEED OK) experiment is a large-scale policy test of universal, automatic, and progressive Child Development Accounts (CDAs). This fact sheet highlights selected SEED OK financial outcomes measured between 2007 and 2014. Because of SEED OK’s automatic account opening and initial deposits, the CDA has especially large impacts on OK 529 savings among disadvantaged children. Advantaged children are more likely than disadvantaged children to have individual savings in OK 529 accounts, and average individual savings are higher for advantaged children. But, the CDA increases the likelihood that disadvantaged children have OK 529 accounts opened by their mothers and have individual savings in these accounts. For more details on SEED OK and an extensive summary of all research findings, including such nonfinancial impacts as improvements in educational expectations and child development, seeUniversal Accounts at Birth: Results from SEED for Oklahoma Kids (CSD Research Summary No. 16-07).

Project: SEED for Oklahoma Kids


Clancy, M. M., Beverly, S. G., & Sherraden, M. (2016, June). Financial outcomes in SEED for Oklahoma Kids (CSD Fact Sheet No. 16-23). St. Louis, MO: Washington University, Center for Social Development.