Additional Information
Please fill-in the following information before you start your courses:
First Name: Last Name: Organization/Agency your work for: (Please put N/A if you are not working for anyone) City and province: Which of the following financial empowerment services does your organization provide? (Check any that apply): Save
Show inline popup

Lifting Asset Limits Helps Families Save
Get it

You need to login or register to bookmark/favorite this content.

Many public benefit programs discourage family savings. Asset limits in TANF, SNAP, LIHEAP and SSI limit eligibility to those with very little in savings. Asset limits get it backwards. Public benefits help families get by; savings help them get ahead. Personal savings are precisely the kind of resources that allow families to move off public benefits. Instead of encouraging self-sufficiency, asset limits discourage families from saving for emergencies, education, homeownership and retirement. Asset limits are outdated policy.
Author: Ezra Levin, Jeremie Greer
Topic: Asset building and saving
Publisher: Prosperity Now (formerly CFED)
Location: United States
Format: Brief
Content Type: Research
Publication Date: February 28, 2014