Connecticut ‘baby bond’ program could grow from $3,200 to $24K for infants born into poverty
“A first-of-its-kind program in the nation will give babies born into poverty in Connecticut a $3,200 bond that will grow as they do. Connecticut Treasurer Erick Russell said the program will ‘transform what the future can look like for thousands of Connecticut kids.’ The bonds will be deposited automatically for babies born after July 1.”