Individual Development Accounts

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:financial_services_company
gptkbp:abbreviation gptkb:IDA
gptkbp:administeredBy gptkb:government_agency
nonprofit organizations
gptkbp:eligibility low-income individuals
gptkbp:feature financial education requirement
matched savings
restricted withdrawals
gptkbp:fundedBy government grants
private donors
foundations
gptkbp:goal reduce poverty
promote financial stability
increase asset ownership
https://www.w3.org/2000/01/rdf-schema#label Individual Development Accounts
gptkbp:introducedIn 1990s
gptkbp:originatedIn gptkb:United_States
gptkbp:program gptkb:Assets_for_Independence
gptkb:American_Dream_Demonstration
gptkbp:purpose encourage savings among low-income individuals
gptkbp:regulates gptkb:government
state governments
gptkbp:relatedTo savings accounts
asset-based welfare
matched savings programs
gptkbp:usedFor post-secondary education
home purchase
small business capitalization
asset building
gptkbp:bfsParent gptkb:Michael_Sherraden
gptkbp:bfsLayer 7