A proposal in the 2025 tax-reconciliation bill would provide federal Child Development Account–like accounts for all children born between 2024 and 2028, with a provision enabling children born in 2028 or after to open accounts. This Policy Brief is designed to inform public debate about the legislation through a discussion of the evidence underpinning the most fundamental of many lessons learned from SEED for Oklahoma Kids, the Center for Social Development’s long-running, randomized experiment with Child Development Account policy: the need for a centralized savings-plan platform.
Project: SEED for Oklahoma Kids (SEED OK)
Citation
Sherraden, M., Clancy, M. M., Huang, J., Boshara, R., & Johnson, L. (2025). Asset building for all, starting at birth: Emergence of federal policy and a key design lesson (CSD Policy Brief No. 25-27). Washington University, Center for Social Development. https://doi.org/10.7936/baqt-6318