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Comparing Federal Early Life Wealth Building Policy Proposals
dc.contributor.authorBrown, Madeline
dc.date.accessioned2025-02-15T15:55:48Z
dc.date.available2025-02-15T15:55:48Z
dc.date.issued2024-10-15
dc.identifier.urihttps://hdl.handle.net/2027.42/195251en
dc.descriptionThe goal of the Financial Independence policy conference held on September 16 and 17, 2024 in Washington, D.C. was to bring together experts from the asset and income fields to share theory, evidence, and best practices. The conference was divided into four sessions. The first two sessions were on Children’s Savings Accounts and Baby Bonds, the asset arm of the conference. The third session focused on the income arm. More specifically, it focused on Unconditional Cash Transfers, the Child Tax Credit, and Child Allowances. The final session focused on why solving poverty requires both asset and income proponents to come together. This policy brief is part of the Baby Bonds’ session.en_US
dc.description.abstractThis working paper analyzes two pieces of early life wealth-building federal legislation: the American Opportunity Accounts Act (AOAA) and the 401Kids Savings Act (401Kids), calling special attention to the many areas of alignment, the few important distinctions, and the degree to which they reflect agreed upon principles shared by the field.en_US
dc.description.sponsorshipAnnie E. Casey, Charles Stewart Mott Foundation, McKnight Foundation, and the University of Michigan’s School of Social Worken_US
dc.language.isoen_USen_US
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectBaby Bondsen_US
dc.subjectRacial Wealth Gapen_US
dc.subjectWealth Inequalityen_US
dc.subjectAmerican Opportunity Accounts Acten_US
dc.subjectAssetsen_US
dc.titleComparing Federal Early Life Wealth Building Policy Proposalsen_US
dc.typeConference Paperen_US
dc.subject.hlbsecondlevelSocial Work
dc.subject.hlbtoplevelSocial Sciences
dc.contributor.affiliationumSocial Work, School of (SSW)en_US
dc.contributor.affiliationotherUrban Instituteen_US
dc.contributor.affiliationumcampusAnn Arboren_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/195251/1/ComparingFedEarlyLifeWealthBldg.pdf
dc.identifier.doihttps://dx.doi.org/10.7302/24448
dc.description.filedescriptionDescription of ComparingFedEarlyLifeWealthBldg.pdf : Brief
dc.description.depositorSELFen_US
dc.working.doi10.7302/24448en_US
dc.owningcollnameSocial Work, School of (SSW)


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Attribution 4.0 International
Except where otherwise noted, this item's license is described as Attribution 4.0 International

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