Over 1.3 million American children born each year – and more than half of minority children – are born into families with negligible savings to invest in their futures. Children’s Savings Accounts (CSAs) have the potential to expand educational and economic opportunity for low- and moderate-income families. Research indicates that low- and moderate-income children with college savings of just $500 or less are three times more likely to enroll in college and four times more likely to graduate! Moreover, family ownership of assets can give children a transformative sense of possibility and hope for the future.
Join the MASSCAP Asset Development Round-table for a special presentation by the Massachusetts Office of the Treasurer’s SeedMA program. Learn about Children’s Savings Accounts and exciting initiatives happening around the state.