Prime minister speaks at launch of book on asset building policies

Prime minister speaks at launch of book on asset building policies
Singapore’s Prime Minister Lee Hsien Loong spoke at the August 24 launch of the book “Critical Issues in Asset Building in Singapore’s Development.” Professors S. Vasoo and Bilveer Singh at the National University of Singapore (NUS) edited the book. The lead chapter is by Michael Sherraden, director of the Center for Social Development at Washington […]

Forum focuses on expanding access to 529 college savings plans

Forum focuses on expanding access to 529 college savings plans
More than 65 invited guests from 18 states and the District of Columbia attended a lively Child Development Account Forum in late July at the Brown School of Social Work. CSD and Missouri State Treasurer Eric Schmitt, who oversees Missouri's 529 college savings plan, hosted the event.

Pennsylvania adopts universal Child Development Account policy

Pennsylvania adopts universal Child Development Account policy
With bipartisan support, Pennsylvania is launching a statewide policy to provide college savings accounts for all newborns with a $100 scholarship grant. The universal, automatic-enrollment Child Development Account policy will affect many families: Pennsylvania averages 140,000 births a year.

Taiwan adopts a Child Development Account policy

Taiwan adopts a Child Development Account policy
A national Child Development Account policy is emerging in Taiwan. President Tsai Ing-wen in June signed into law the Act on Savings Accounts for the Education and Development of Children and Teenagers.

New: A guide to tax-time financial capability efforts

New: A guide to tax-time financial capability efforts
“A Toolkit for Expanding Financial Capability at Tax Time” is now available and free to download. The 70-page book presents the current evidence underpinning various tax-time efforts to expand financial capability among low- and moderate-income households.

Prison reform ‘unites people from across the political spectrum’

Prison reform ‘unites people from across the political spectrum’
The White House hosted a high-profile summit meeting on federal prison reform on May 18, and Carrie Pettus-Davis, who helped to organize it, sat among cabinet members. The summit “was a message to the world that the United States is ready to change how it does incarceration,” she says.

New textbook focuses on financially vulnerable families

New textbook focuses on financially vulnerable families
The first textbook to focus on financially vulnerable households is now available from Oxford University Press. “Financial Capability and Asset Building in Vulnerable Households: Theory and Practice” teaches about financial capability and asset building through the stories of four families whose lives unfold over 23 chapters.