Question / Response(s)

Question from Peer TA

Question Text

The Peer TA Network would like to know if any States use their TANF funds to help absolve recipients credit debt? Are these benefits excluded from the definition of assistance, thus not affecting the 24-60 month time clock?

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Date
December 1999
Source
OFA Peer TA
Agency/Organization
ofa
Topics/Subtopics
Asset Building
Debt Management and Credit Counseling
TANF Program Administration
TANF Regulatory Codes
Question / Response(s)

Question from Peer TA

Question Text

The Peer TA Network would like to know which States are engaged in Individual Development Account (IDA) planning and implementation?

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Date
March 1999
Source
OFA Peer TA
Agency/Organization
icf
Topics/Subtopics
Asset Building
Individual Development Accounts
TANF Regulatory Codes

Fiscal 50: State Trends and Analysis

Record Description

The Pew Charitable Trusts released an interactive resource that allows users to sort and analyze data related to various fiscal, economic, and demographic trends in the 50 States. Users may browse data related to state revenue, spending, economy and people, long-term costs, and fiscal policy.

Record Type
Posting Date
Combined Date
2014-03-31T20:00:00
Source
Region
City/County
Publication Date
2014-04-01

Introducing the Financial Empowerment Innovation Fund

Record Description

The U.S. Department of the Treasury created the Financial Empowerment Innovation Fund, an initiative designed to facilitate informed decision making amongst American families by providing increased access to knowledge and tools that promote financial capability. The Treasury will be allocating approximately six million dollars to research contracts that explore and test promising practices in this field. The Treasury is particularly interested in strategies that incorporate technology and focus on the needs of low- and moderate-income households.

Record Type
Posting Date
Combined Date
2014-03-31T20:00:00
Source
Region
City/County
Publication Date
2014-04-01

Map: The Earned Income Tax Credit in Your County

Record Description

The Brookings Institution released an interactive map in which users may explore EITC take-up rates at the county level nationwide. Darker colors indicate higher value, while grey shading indicates unavailable data. According to this tool, the southeast part of the country provides the highest EITC take-up rates.

Record Type
Posting Date
Combined Date
2013-12-31T19:00:00
Source
Region
City/County
Publication Date
2014-01-01

Savings and Personal Discount Rates in a Matched Savings Program for Low-Income Families

Record Description

The West Coast Poverty Center released a short summary about a study that explores matched savings programs and low-income people's ability to accumulate assets depending on individual desires to save and ability to act on those preferences. The paper defines "time preference," a concept that describes how present- or future-oriented a person may be, and discusses the ways in which variations in time preferences are important for understanding individual financial outcomes. The researchers used data from a 2002-2009 matched savings program to conduct factor analysis, and found that persons with lower future orientation had significantly lower average savings deposit amounts in their first year in the matched savings program.

Record Type
Posting Date
Combined Date
2013-11-30T19:00:00
Source
Region
City/County
Publication Date
2013-12-01

FY2013 Portfolio of Research in Welfare and Family Self-Sufficiency

Record Description

The Office of Planning, Research and Evaluation (OPRE), Administration for Children and Families released a report outlining their portfolio of research related to welfare and family self-sufficiency projects for the fiscal year 2013. OPRE's research focuses on four major areas: TANF and the Safety Net, Employment and the Labor Market, Education and Training, and other relevant cross-cutting research.

Record Type
Posting Date
Combined Date
2013-09-30T20:00:00
Source
Region
City/County
Publication Date
2013-10-01

Earned Income Tax Credit (EITC) Promotes Work, Encourages Children's Success at School, Research Finds, Center for Budget and Policy Priorities

Record Description

The Center on Budget and Policy Priorities released an article suggesting that EITC's benefits extend well beyond the limited time during which a family typically claims the credit. The article indicates that children of EITC recipients do better in school, are more likely to attend college, and earn more as adults. The Child Tax Credit (CTC) is discussed, which is a related credit that is designed to help offset the cost of child-rearing, and also plays a major role in helping low-income working families.

Record Type
Posting Date
Combined Date
2013-03-31T20:00:00
Source
Region
City/County
Publication Date
2013-04-01

Financial Empowerment Training for Social Service Programs: A Scan of Community-Based Initiative

Record Description

The Office of Financial Empowerment within the Consumer Financial Protection Bureau (CFPB) recently released a white paper titled "Financial Empowerment Training for Social Service Programs: A Scan of Community-Based Initiatives." The paper presents the results of a field scan conducted by the CFPB to learn more about the tools and information social service providers across the country need to help their clients increase their financial capabilities. This information was fundamental to the design and development of "Your Money, Your Goals," the financial empowerment toolkit developed by CFPB and scheduled to be released in 2014.

Record Type
Posting Date
Combined Date
2012-12-31T19:00:00
Source
Region
City/County
Publication Date
2013-01-01

Financial Literacy, Financial Education and Downstream Financial Behaviors

Record Description

The Social Science Research Network released a paper discussing financial literacy, education, and downstream financial behaviors. A meta-analysis of the relationship of financial literacy and of financial education to financial behaviors was conducted in order to understand the increasing complexity of the financial decisions of individuals over the last generation. The paper discusses the importance of financial education and literacy, as well as suggestions to implement financial education programs. Financial literacy and education are extremely critical to improving the economic self-sufficiency of workers, and therefore, should be reinforced throughout an individual's life.

Record Type
Posting Date
Combined Date
2013-09-30T20:00:00
Source
Region
City/County
Publication Date
2013-10-01