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Program Aims to Help Low-Income Families Save

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November 22, 2004

Creating a nest egg is considered key for people trying to beat poverty. An experimental program called IDAs -- individual development accounts -- help low-income people save money. The program matches savings twice -- up to $2,000 -- by the federal government and a community- based non-profit. IDAs have helped some 20,000 working-poor families begin to accumulate assets. From San Francisco member station KALW, and New California Media, Holly Kernan reports.

 
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