Tag: financial education

Do You Qualify to Start an Individual Development Account? Here’s How It Might Help

If you struggle with saving money, there is a program that might help you reach your financial goals. An individual development account (IDA) is a special kind of savings account that matches every dollar you save with four times that amount. Each sponsoring partnership differs depending on where you live, so qualification parameters may vary, but you generally have to meet income requirements to participate.