Promise Accounts: Matched Savings to Help Families Get Ahead

As Congress has become increasingly inclined toward promoting and improving saving for short-term emergencies as well as long term goals such as retirement, there is still a need for flexible, medium-term savings options for critical asset purchases such as higher education, business expenses and homeownership.

This policy proposal, Promise Accounts: Matched Savings to Help Families Get Ahead, utilizes insights from decades of research and experience to suggest a new matched savings program that enables and incentivizes working families to boost these medium-term savings and get on a wealth-building path.

Download the full policy proposal to read what Prosperity Now learned and its recommendations for the future of matched savings. 

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