Financial Empowerment for Youth Who Age Out of Foster Care

Laura Longero - Money Geek

When youths get close to aging out of foster care, it’s important to plan for emancipation. Aging out of foster care — or emancipating — is the termination of court jurisdiction over youths formally in foster care.

U.S. federal law requires a transition plan to be established six months before a youth’s 18th birthday, but this is a crucial time to plan to ensure a youth's success and financial future.