Do You Have Emergency Savings to Get You Through a Crisis?

in the news | July 24, 2014

Justin King:

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TN taxpayers paying thousands for EBT card ATM fees | WSMV

"The fees and the surcharges that we are talking about are a real problem that require a real solution," said Aleta Sprague with the New America Foundation.

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How to expand middle-class college savings

Pioneering work by Ray Boshara of the St. Louis Federal Reserve and the New America Foundation has led to numerous innovations by states and nonprofits to increase access to 529 accounts and match the contributions made by low-income savers.

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What Can We Learn from Obama’s Failure to Curb Sec. 529 College Savings Accounts?

As Justin King has noted, some states including Maine, Rhode Island and Nevada are trying to encourage college attendance by setting up accounts for all children and seeding them with initial deposits (though the $500 per child in Maine seems more encouraging than the $50 in Nevada). Perhaps creating an account in a child’s name will get families thinking about college.

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