Individual Development Accounts (IDAs) : Background and Current Legislation for Federal Grant Programs to Help Low-Income Families Save.

Describes individual development account (IDA) programs, which are savings and investment accounts established to help low-income families and individuals save for specified purposes, such as education, purchase of a home, or to start a business. Discusses operation of IDAs, as funded by the Assets...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2009.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Describes individual development account (IDA) programs, which are savings and investment accounts established to help low-income families and individuals save for specified purposes, such as education, purchase of a home, or to start a business. Discusses operation of IDAs, as funded by the Assets for Independence Act of 1998, and the Temporary Assistance for Needy Families program, created in the 1996 welfare reform law.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.