Child Accounts provide a vehicle to start smart savings policy from an early age. By providing a government match for low- and moderate-income Americans, Child Accounts can give every child a jumpstart on financial literacy. Coupled with governmental leadership, members of the private financial sector are instrumental in the implementation of this bold new policy. Creating a generation of future consumers with high financial literacy, savings ability, and financial security is not only imperative for the economic security of this country, but plays a major role in the IFS "cradle-to-grave" approach. Read the latest version of the model state statute.