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Wealth in America: Policies to Support Mobility

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Document date: July 22, 2014
Released online: July 22, 2014
What role can policymakers play in helping families rebuild their balance sheets after the Great Recession and in helping young families, families of color, and those with less education who were falling behind even prior to it? This brief, based on a convening of nearly 25 national wealth-building experts, presents the facts and identifies four promising policy reforms: (1) providing universal children’s savings accounts; (2) reforming the mortgage interest deduction to better target incentives; (3) expanding access to retirement accounts and automatic enrollment; and (4) promoting emergency savings while addressing barriers such as asset tests in safety net programs.


Topics/Tags: | Economy/Taxes | Housing | Poverty, Assets and Safety Net | Race/Ethnicity/Gender | Retirement and Older Americans


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