Center on Assets, Education, and Inclusion

Children’s savings accounts (CSAs) seek to build assets for children to use for long-term investments such as college or other postsecondary education.  Although CSAs are administered through financial institutions such as banks or state 529 college savings plans, CSAs are more than just accounts. They include features such as initial deposits and savings matches to make saving easier and more successful, particularly for families disadvantaged by low incomes and/or other obstacles.