Increase Matched Savings Account Programs
- Published By
- Well Being In the Nation Network
Matched savings accounts help low-income individuals save money. People put cash into their accounts to save. An organization or business can also put the same amount of money into the account. These accounts are called Individual Development Accounts. These programs can also teach people about finances. Money in matched savings accounts can be used for different purposes. These accounts might help you buy a house, expand a small business, go to job training or other education, or to buy a car to get to work or school.