Sherraden, M., & Clancy, M. M. (2021). Transforming 529 college savings plans: grow assets for everyone, grow the country. In R. Boshara & I. Rademacher (Eds.), The future of building wealth: Brief essays on the best ideas to build wealth—for everyone (pp. 251–257). Federal Reserve Bank of St. Louis & Aspen Institute. https://futureofwealth.org/wp-content/uploads/2021/09/Sec-5.pdf
Tag: 529 college savings plan
The Case for a Nationwide Child Development Account Policy: A Policy Brief Developed by CDA Experts and Researchers
Cisneros, J., Clancy, M. M., Elliott, W., III, Feinstein, A., Kanter, M., Karcher-Ramos, M., Kugler, C., Peachey, J., Quint, C., Shapiro, T. M., & Sherraden, M. (2021, August). The case for a nationwide Child Development Account policy: A policy brief developed by CDA experts and researchers (CSD Policy Brief No. 21-20). Washington University, Center for Social Development.
Redesigning College Savings (529) Plans to Achieve Inclusive Child Development Accounts: A Policy Brief Developed by CDA Experts and Researchers
Cisneros, J., Clancy, M. M., Elliott, W., III, Feinstein, A., Kanter, M., Karcher-Ramos, M., Kugler, C., Peachey, J., Quint, C., Shapiro, T. M., & Sherraden, M. (2021, August). Redesigning college savings (529) plans to achieve inclusive Child Development Accounts: A policy brief developed by CDA experts and researchers (CSD Policy Brief No. 21-21). Washington University, Center for Social Development.
Experimental Effects of Child Development Accounts on Financial Capability of Young Mothers
Huang, J., Sherraden, M. S., Sherraden, M., & Johnson, L. (2021). Experimental effects of Child Development Accounts on financial capability of young mothers. Journal of Family & Economic Issues, 43,36–50. https://doi.org/10.1007/s10834-021-09774-4
Insights From State Treasurers: Developing and Implementing Statewide Child Development Account Policies
Leiker, C., Clancy, M. M., & Sherraden, M. (2020, October). Insights from state treasurers: Developing and implementing statewide Child Development Account policies (CSD Policy Summary No. 20-19). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/14tc-2b43
Strategies for fostering full inclusion, building statewide CDA policies, and engaging communities among highlights at conference
What would it take to ensure that every child in every state has an account accumulating assets for education beyond high school? How would those assets shape the children and their families? State officials, researchers, nonprofit leaders, program managers, and funders gathered July 16 to take up those questions.
Center for Social Development study nominated for “Best Paper” award
A study from the Center for Social Development’s SEED for Oklahoma Kids (SEED OK) experiment has been nominated for an award given to the best paper published in the Journal of Consumer Affairs.
Missouri considers a Child Development Account for every newborn
CSD research and expertise shape proposal for a universal policy in the Show-Me state.
Missouri coalition sets sights on Child Development Accounts for all state newborns
An expanding partnership is pursuing legislation for Missouri children in 2020.
Essential Policy Design Elements for Statewide Child Development Accounts
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, December). Essential policy design elements for statewide Child Development Accounts (CSD Fact Sheet No. 19-47). St. Louis MO: Washington University, Center for Social Development. https://doi.org/10.7936/1rvq-dy43
Child Development Accounts at Scale: Sample State Legislation
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, November). Child Development Accounts at scale: Sample state legislation (CSD Policy Summary No. 19-46). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/cptg-2n77
Statewide Child Development Accounts and Local Partnerships: A Scalable Model that Can Include All Children
Clancy, M. M., & Sherraden, M., Huang, J., Beverly, S. G., & Kim, Y. (2019, November). Statewide Child Development Accounts and Local Partnerships: A Scalable Model that Can Include All Families. (CSD Policy Brief No. 19-45). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/q310-7h95
Financially Vulnerable Families Reap Multiple Benefits From Child Development Accounts
Huang, J., Beverly, S. G., Kim, Y., Clancy, M. M., & Sherraden, M. (2019, October). Financially vulnerable families reap multiple benefits from Child Development Accounts (CSD Research Brief No. 19-40). St. Louis, MO: Washington University, Center for Social Development.
California Amendments Create Universal, At-Birth Child Development Account Policy
Amendments enacted on Wednesday, October 2, will affect all newborn children in California. The state became the third this year to adopt a universal, at-birth Child Development Account (CDA) policy.
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.
Nebraska Approves Universal, At-Birth CDA Policy
Nebraska’s legislature today approved a universal Child Development Account (CDA) policy that will cover every resident born in the state on or after January 1, 2020.
Social Work Day on the Hill kicks off at National Press Club
The Congressional Research Institute for Social Work and Policy hosted its fifth annual Social Work Day on the Hill on March 20 in Washington, D.C.
A Bill to Create the Bright Futures Plan Task Force: Testimony on H.B. 2389 Before the House Education Committee, Oregon State Legislature
Sherraden, M., & Clancy, M. M. (2019, March). A bill to create the Bright Futures Plan Task Force: Testimony on H.B. 2389 before the House Education Committee, Oregon State Legislature (CSD Testimony No. 19-09). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/zb67-p268
SEED for Oklahoma Kids Wave 3: Extending Rigorous Research and a Successful Policy Model
Clancy, M. M., Sherraden, M., & Beverly, S. G. (2019, March). SEED for Oklahoma Kids Wave 3: Extending Rigorous Research and a Successful Policy Model (CSD Research Brief No. 19-06). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/zx2j-0543
The Meadowlark Scholarship Act: Testimony on L.B. 544 Before the Education Committee, 106th Nebraska Legislature
Clancy, M. M. (2019). The Meadowlark Scholarship Act: Testimony on L.B. 544 before the Education Committee, 106th Nebraska Legislature (CSD Testimony No. 19-03). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/683w-bn26
How Do Changes to 529 Rules Affect Children’s Savings Account Programs?
Clancy, M. M., Markoff, S., & King, J. (2018, May). How do changes to 529 rules affect children’s savings account programs? (CSD Research Brief No. 18-24). Washington, DC: Prosperity Now, Washington University, Center for Social Development, and New America.
How Can States Seize the Moment and Reform College Savings?
King, J., & Clancy, M. M. (2018, March 22). How can states seize the moment and reform college savings? New America Weekly, edition 199.
529 Plan Investment Growth and a Quasi-Default Investment for Child Development Accounts
Clancy, M. M., & Beverly, S. G. (2017, November). 529 plan investment growth and a quasi-default investment for Child Development Accounts (CSD Policy Brief No. 17-42). St. Louis, MO: Washington University, Center for Social Development.
Statewide Child Development Account Policies: Key Design Elements
Clancy, M. M., & Beverly, S. G. (2017). Statewide Child Development Account policies: Key design elements (CSD Policy Report No. 17-30). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/K7G44PS2
Missouri treasurer and staff speak at Child Development Account Forum
Newly elected Missouri State Treasurer Eric Schmitt kicked off the June 20 Child Development Account Forum by saying his office is “very focused” on the Missouri MOST 529 College Savings Plan.
Do Savings and Assets Reduce Need-Based Aid for Dependent Students?
Clancy, M., & Beverly, S. (2017, February). Do savings and assets reduce need-based aid for dependent students? (CSD Policy Brief No. 17-10). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/K7KW5FJX
Community Action Forum: Creating Economic Opportunity
October 23, 2014, St. Louis, MO
Children’s Savings Accounts Round Table
March 27-28, 2014, New York, New York
Five strategies to improve 529 College Savings Plans
State-sponsored college savings plans, often called 529 plans, offer tax incentives to facilitate saving for postsecondary education. Low- and moderate-income families are less likely to have college savings than higher-income families.
Kids with savings accounts in their name six times more likely to attend college
Evidence supporting the link between savings and college success is growing. Three studies out of the Center for Social Development at the Brown School at Washington University in St. Louis offer a connection between assets and college enrollment and completion.
Op-Ed: Investing in Oregon’s future: Toward more inclusive saving for college
Earnings in 529s grow free from federal income tax when used to pay for qualified educational costs. Many states, like Oregon, offer a tax deduction for families saving in the state 529 plan. Yet tax incentives provide more benefit to people with higher incomes.
Research on college savings fuels interest in Child Development Accounts in San Francisco
In an article on the front page of the May 28, 2010 San Francisco Chronicle, San Francisco city officials point to a CSD study on savings and college enrollment as they prepare to launch a city-funded college savings account program this fall.
Sample state legislation promotes more inclusive 529s
States use a variety of 529 policy strategies to make it easier for low-and moderate-income families to save for college.
CSD launches new College Savings Initiative
Through the College Savings Initative, CSD and the New America Foundation will examine innovative ways to create more inclusive 529 college savings plans.