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Individual Development Accounts

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A lack of savings can result in financial hardship for families that face sudden crises such as a job loss.  Individual development accounts and other asset building strategies encourage families to establish savings and accumulate assets, in addition to income, to gain economic stability so that they are better able to weather financial setbacks.

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A lack of savings can result in financial hardship for families that face sudden crises such as a job loss.  Individual development accounts and other asset building strategies encourage families to establish savings and accumulate assets, in addition to income, to gain economic stability so...
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