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Effects of an Individual Development Account Program on Retirement Saving
The Brookings Institution 
Dec. 4, 2012 "[This study examines] the 10-year follow-up effects on retirement saving of an Individual Development Account (IDA) program [that] included financial education, encouragement to save, and matching funds for several qualified uses of the savings, including contributions to retirement accounts. The results indicate that, as of 2009, 6 years after the program ended, the IDA program had no impact on the propensity to hold a retirement account, the account balance, or the sufficiency of retirement balances to meet retirement expenses." MORE >> |
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