How Have Asset Policies for Cash Welfare and Food Stamps Changed since the 1990s?

This resource from the Urban Institute provides information on asset building among low-income families. Because welfare benefits and food stamps are means tested, assets and income must fall below set limits for families to qualify. This ensures that benefits go to the most needy families; however, asset limits can also discourage asset building for low-income families. Authors review how assets, such as education, a home, a car, or an individual development account (IDA), can be exempted.