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Financial Supports

Facilitating the long-term economic self-sufficiency of TANF recipients involves increasing individuals assets. Through inclusive asset-building strategies and programs that equip individuals with financial literacy tools, "all families would have the opportunity to have a direct stake in the economy, become more financially independent, and bequeath wealth and opportunities to future generations."1 Thus, asset-building resources, such as Individual Development Accounts, are valuable components of strategies designed to move families from cash assistance to long-term financial security.

Earned Income Tax Credit Individual Development Accounts Financial Literacy

1 Asset Building Program. (2007). Overview. Available: www.assetbuilding.org/overviewExit Disclaimer