MyMoney Resources - Researcher

Generally, the ABLE Act permits a state to establish and maintain a new type of tax-advantaged savings program (under Section 529A of the Internal Revenue Code). Contributions may be made to a 529A account established for a designated beneficiary to pay for qualified disability expenses.

Assessing Head Start & Early Head Start Families’ Financial Capability: t his brief outlines strategies and tools Head Start/Early Head Start (HS/EHS) can use to gain a deeper understanding of how HS/EHS families are managing their finances to decide which services might help them build financial capability. Financial Coaching in Head Start Programs: t his brief discusses financial coaching in Head Start settings and presents methods for providing financial coaching as well as training resources for programs interested in building staff capacity to become financial coaches

This brief shares lessons learned from three local intermediary organizations that have supported nonprofits in their efforts to integrate financial capability services into existing program. Financial capability is the capacity—based on knowledge, skills, and access—to manage financial resources effectively.

This brief shares lessons learned about integrating financial capability services into existing programs at four organizations serving rural communities. Financial capability is the capacity—based on knowledge, skills, and access—to manage financial resources effectively. This brief is organized into three sections: selecting financial capability services, deciding who will provide services, and identifying the right points in time to integrate financial capability services.

This directory provides information on financial literacy resources, issues and events that are important to bankers, organizations, and consumers of all ages. The directory includes descriptions and contact information for a sampling of organizations that have undertaken financial literacy initiatives as a primary mission, government programs, fact sheets, newsletters, conference materials, publications, and links to Web sites.

The Office of the Comptroller of the Currency (OCC)’s Financial Literacy Update is a bimonthly e-newsletter that reports financial literacy events, new initiatives, and related resources of the OCC and other government agencies and organizations.

We’re here to support the teachers, administrators, and community leaders who help students build financial knowledge, skills, and habits. The tools and resources listed here show recommended policies and practices for K–12 financial education.

This report describes the results of a CFPB-commissioned a study to rigorously evaluate the impact of financial coaching. The study found that access to financial coaching resulted in measurable gains in three areas: money management; objective financial health metrics like savings, debt levels, and credit score; and subjective feelings of financial confidence and financial well-being.

An essential part of the mission of the Consumer Financial Protection Bureau is to empower consumers to take more control over their financial lives. That’s why we’ve made financial education a critical component of our work.The Bureau’s strategy to improve financial literacy has two key aspects. Fundamental to this strategy is identifying financial education approaches that provide youth with opportunities to develop the knowledge, skills, habits, and capabilities that will serve them as adults. The report highlights some of these efforts.

Research paper on findings regarding consumer spending and financial management. Partner paper to worksheet and “Managing Spending: Ideas for Financial Educators” released by the Consumer Finance Protection Bureau (CFPB).