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

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Presentation on theme: "Matched Savings and other ways to support good financial decision-making. Incentivized Savings Programs: Your Tool to your Objective “Building a Savings."— Presentation transcript:

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

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

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