Starting an IDA Program? Check Out Our New Practice Brief
EARN is a leading provider of Individual Development Account (IDA) with over 2,300 accounts opened to date. An IDA is a 401K-like matched savings account that helps families save toward homeownership, postsecondary education, or small business. With a 2:1 and 3:1 match EARN has helped over 500 families in the Bay Area.
In this new practice brief, entitled “Establishing an IDA Program,” we identify lessons learned from over 8 years of experience delivering a highly effective and efficient IDA program. This practice brief should be a guide for individuals and agencies interested in establishing an IDA program in the United States.
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