Child Savings Account

What is it?

This program is designed to help parents and guardians build a bright financial future for their California-born kids under two years old. By completing important health steps like regular check-ups and vaccinations, families can earn up to $1,000 for their child’s CalKIDS savings account. This money can later be used for educational expenses, whether it’s for vocational training, community college or a four-year university. It’s a great way to start investing in your child’s future from an early age!

What steps do I need to complete?

Participants must complete the recommended well-child visits and vaccines. Steps include completing vaccines such as Diphtheria, Tetanus, and Acellular Pertussis (DTaP), Polio, Hepatitis B, Measles, Mumps, and Rubella (MMR), and more, along with a bonus for the flu vaccine.

Eligible families can earn between $100 and $150 per step. Over 12 months, participants enrolled in the program can earn up to $1,000. Payments are deposited directly into the child’s CalKIDS account. 

Who is eligible for the Child Savings Account Program?

An invitation to participate will be sent to Covered California members who have children under 18 months of age. Participation is offered on a first-come, first-served basis.