California FarmLink Individual Development Accounts

Individual Development Accounts or IDAs, are special matched savings accounts designed to help families and individuals establish a pattern of regular saving and, ultimately, purchase something likely to return substantial long-term benefits to its owner -- for instance, farm equipment or for a down payment on farmland. Using the “savings match” California FarmLink adds to the amount the IDA Program participant saves, currently at a 3:1 ratio, up to $300 a month.