Sep 10, 2025 · An Individual Development Account (IDA) is a type of account that allows you to save up money to buy a home, pay for higher education, or fund your small business.

Dec 12, 2025 · An individual development account (IDA) is a savings account for low-income individuals that can help them build their savings. IDA savings can be matched by public or …

An IDA is a special bank account that helps you save for your education, the purchase of a first home, or to start a business. You use earnings from your work to set up an approved bank …

Most IDAs are offered through programs that involve partnerships between local nonprofit organizations, also called IDA program sponsors, and financial institutions. The IDA program …

Mar 28, 2025 · The federal IDA program is a savings match program that’s designed to help underserved populations build wealth. Money in an IDA account can be used to buy a home, …

Opening a matched Individual Development Account (IDA) can help struggling families achieve long term success, and maybe even help them break the cycle of poverty. What is the IDA …

Apr 9, 2024 · The Individual Development Accounts (IDA) program helps refugees and other ORR-eligible populations save toward an asset to help increase their financial independence. …

Individual Development Accounts (IDA) are matched savings accounts that enable low-income and low-wealth individuals to save for specified goals within defined time frames.

Jun 23, 2022 · Individual development accounts (IDAs) encourage lower-income individuals to save toward purchasing a major asset with both financial education and contribution matching. …

An Individual Development Account (IDA) is a savings account for low-income workers that can be used to fund a small-business development, get a higher education, or buy a first home.