"[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 >>