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This article explains the obstacles that Low-to-Moderate Income (LMI) households face in asset building, examines the incentives banks have for encouraging these households to save, and describes some strategies banks have used to build profitable relationships that also benefit LMI consumers. More information...
Audience: Individual Researcher Teacher Youth
Type of Resource: Article
Date: 4/2/2008
To accompany Hands-On Learning to Build Financial Habits: Federal Resources to Encourage School-Based and Youth Savings Programs, this document is intended to provide information on non-governmental research and resources that may be useful to financial institutions, state, local, or tribal More information...
Audience: Individual Youth
Type of Resource: Article Consumer report Guidance Report Tools Websites
Tags: hands on, hands-on, child savings, child, savings, resource, research, youth
Date: 3/24/2015
MyRA (My Retirement Account) is a program offering a new retirement savings account for individuals looking for a simple, safe, and affordable way to start saving. Savers will be able to open an account with as a little as $25 and contribute $5 or more every payday. MyRAs balances will never go More information...
Audience: Individual
Type of Resource: Article
Tags: Savings, Retirement, Planning, Accounts
Date: 2/18/2014