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Incentivized Savings Programs: Your Tool to your Objective “Building a Savings Culture in Texas”

Incentivized Savings Programs: Your Tool to your Objective “Building a Savings Culture in Texas”. Matched Savings and other ways to support good financial decision-making. Savings Incentives in Texas. Individual Development Accounts (IDAs) Our next presenter on Plainview plans

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Incentivized Savings Programs: Your Tool to your Objective “Building a Savings Culture in Texas”

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  1. Incentivized Savings Programs: Your Tool to your Objective“Building a Savings Culture in Texas” Matched Savings and other ways to support good financial decision-making.

  2. Savings Incentives in Texas Individual Development Accounts (IDAs) • Our next presenter on Plainview plans Tax Time Savings Incentives • Savings Bonds • Save USA • Saving for Emergencies Texas Saves Child Support Savings Incentive Pilots

  3. Child Support Division and Financial Stability • RAISE Texas is collaborating with the Child Support Division of the AG office to help their customers increase personal saving and financial skills for child support customers across Texas. • Over 1.2 million child support cases; over $3.1 billion flowing through system (2011)

  4. Asset Building & Child Support - Common Goals • Support family economic stability through financial means • Pathway out of poverty and toward success • Move families from government-supported benefits to independence

  5. Child Support Pilots • Urban Fathers Asset Building • Child Support for College • Tax Center Outreach • Foster Care Savings Accounts • Child Support Payment Card • Education & Outreach

  6. For more information contact: Chris Giangreco Family Initiatives chris.giangreco@cs.oag.state.tx.us (512) 460-6535

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