The pilot program will provide funds to a subset of young Vermonters born into poverty; their use limited to wealth-building activities.

The partnership puts Vermont Saves on track to launch by the end of 2024

Treasurer Pieciak announced that Vermont’s credit ratings were affirmed by the major credit rating agencies, S&P Global Ratings (AA+), Fitch Ratings (AA+), and Moody’s (Aa1). Leveraging this fiscal strength, Pieciak and his office successfully refinanced outstanding higher-interest bonds, resulting in savings of approximately $3.7 million.