Learning from the U.K.? Building Financial Security for American Children

Children's investment accounts are gaining political momentum throughout the world. The United Kingdom recently enacted a universal Children's Trust Fund initiative, Singapore funds child development accounts throughout a system of Baby Bonuses, and various proposals have emerged in the United States. Join our panelists and invited legislators as they consider the concept and highlight a new groundbreaking initiative to test progressive saving and asset building for all American children.

More than a third of the children born each year in the United States join families that have no appreciable savings to manage emergencies or invest in their futures. Yet three out of four poor American children live in households where someone works full- or part-time. What difference would it make if every American child grew up with a nest egg to go to college, buy a home, or start a business?

Participants

• Robert Friedman
  CFED


• Julian Le Grand
  Economist and Richard Titmuss Professor of Social Policy, London School of Economics


• Michael Sherraden
  Director, Center for Social Development, Washington University