National Support for Wealth-Building for Children From Low-Income Households

Key Points

• To investigate the level of national support for trust fund accounts aimed at children from low-income households.
• Conducted a survey study at the national level
• Focused on state-managed trust fund accounts
• Evaluated perceptions of financial support for children
• Findings indicate varying levels of support across states
• Identified key factors influencing support for trust funds
• Demonstrated potential for wealth-building for low-income children