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Publisher: Federal Reserve Bank of St. Louis
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Discover financial empowerment resources

Search this library to find research and resources from across the financial empowerment field.
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The Political Economy of Education, Financial Literacy, and the Racial Wealth Gap

This article examines the mismatch between the political discourse around individual agency, education, and financial literacy, and the actual racial wealth gap. The authors argue that the racial wealth gap is rooted in socioeconomic and political structure barriers rather than a disdain for or...

Topic: Financial literacy
Author: Darrick Hamilton, William A. Darity Jr.
Publisher: Federal Reserve Bank of St. Louis
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myRA: A New Way To Save for Retirement

The U.S. Department of the Treasury has unveiled its latest savings tool. “my Retirement Account”—myRA for short—is a retirement savings account designed for individuals who may not have access to a saving plan through their employers. It costs nothing to open a myRA account, and there...

Topic: Asset building and saving
Author: Shannon R. Smithers
Publisher: Federal Reserve Bank of St. Louis
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