PACE I-D-A a Good Idea for Money Management

The PACE Community Action Agency is seeking to help eligible people save money for future asset purchases through their I-D-A program.  I-D-A stands for Individual Development Accounts.

Haley Smith-Mincey is with PACE. She says the state of Indiana, through this program, can give you a three-for-one return on your financial investment.  However, the funding can only go toward various asset purchases.

The income cap for the program is 200 percent of the federal poverty guideline. That and other eligibility information is available at their Website—pacecaa.org.