By Appointment Only
Free to Save Adult Matched Savings
Schedule a Virtual Appointment
Contact Person: Kwynn Kelly (she, her, hers/they, them, theirs) – Financial Well-Being Specialist
Hours of Operation: N/A
Community Action’s Free to Save program provides individuals with low-to-moderate incomes with great incentive to save, build wealth, and transform their economic aspirations into reality. The program provides financial and asset-specific education in addition to 4:1 savings match for one of the following purchases/investments:
- Post-secondary education
- Small business start-up or expansion
Participants save $1,000, which is matched with $4,000, for a total savings of $5,000.
How to get started
Applicants start by filling out the application linked from our website: Free To Save
210 O St.
Lincoln, NE 68505
This program provides all services based out of this location. Both classes and one-on-one coaching are provided virtually.
Eligibility is based on the household level. The applicant’s household must pass an income test AND an asset test. The household can pass the income test in two ways: 1) household income up to 200% of the federal poverty level, or 2) household income up to the Earned Income Credit income limit for the household makeup. The household passes the asset test if the household net worth is less than $10,000. In calculating the net worth of the household, the program can ignore the value of the household’s primary residence (if they own their house) and the value of one vehicle.
The household must have earned income sufficient to support their program savings.
One-on-one Financial Coaching and Financial Capability classes supporting matched asset purchases.
Direct referral to program website to complete application