Illinois Approves Child Development Accounts for All Newborns

Illinois became the most recent state in the U.S. to adopt universal Child Development Accounts on August 23, when Gov. J.B. Pritzker signed legislation to open a 529 college savings plan account with deposits for every child born or adopted in Illinois after Dec. 31, 2020.

Sherraden to speak in D.C. about potential for U.S. kids to build assets

Michael Sherraden will discuss potential federal policy for inclusive and progressive Child Development Accounts (CDAs), so that all U.S. children can accumulate assets, on March 20 at the National Press Club, in Washington, D.C. Several states have already enacted statewide CDA policies, and a nationwide policy is possible. Sherraden is the George Warren Brown Distinguished […]

CSD begins third phase of research on Child Development Accounts

With financial support from philanthropists, the Center for Social Development is conducting a third wave of research on Child Development Accounts (CDAs) in the Oklahoma 529 College Savings Plan. Wave 3 of the SEED for Oklahoma Kids (SEED OK) experiment expands the original CDA with an automatic, progressive deposit and extends the research to examine […]