Here’s a spoiler: the CSA field has grown tremendously!
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Dear John,
I have good news and even better news! The good news? Prosperity Now just released a new report, The Multiplying Movement: The State of Children’s Savings Field 2023. This seventh annual report provides a snapshot of the Children’s Savings Account (CSA) field in 2022, discusses trends in CSA program models and provides new information about how CSA programs are reaching low- and moderate-income families.
The even better news? The report shows that the total number of children with CSAs grew 300% to nearly 5 million between 2021 and 2022! This means that as of 2022, 4,920,000 children (about twice the population of Mississippi) have started their nest egg to help them achieve their financial goals in adulthood.
To unpack these findings and discuss how the field has grown exponentially, Prosperity Now will host a webinar on April 4th at 3pm ET. This discussion will also feature Noah Lightman, Program Manager for CalKIDS. This webinar is free, but advanced registration is required—so register here today!
We hope you’re able to join us!
Sincerely,
Erin Thiemann
Senior Program Manager, Ecosystem Change
Prosperity Now
