The U.S. National Strategy for Financial Literacy 2020 ("National Strategy 2020" or "National Strategy") promotes the financial literacy of Americans in two ways. First, it identifies methods to improve and increase the financial literacy and education of Americans. Second, it articulates the federal government's roles, priorities, and structures for promoting financial education. The National Strategy 2020 builds on previous National Strategy iterations, and draws on a review of federal financial education activities and opportunities for streamlining federal financial education activities completed by the U.S. Department of the Treasury in its 2019 report, "Federal Financial Literacy Reform: Coordinating and Improving Financial Literacy Efforts" (see ED611168). The National Strategy 2020 seeks to improve financial literacy and education among Americans by providing evidence-based best practices to the financial education field. Use of these best practices can help improve the delivery of financial education on different topics, especially to diverse populations, including historically underserved groups. These best practices are adaptable and applicable to changing economic contexts and can inform both policy-making and the development of new financial education activities. To build youth financial capability, the National Strategy identifies the importance of building young people's executive functions, financial habits, and financial knowledge and decision-making skills. The National Strategy also identifies ways that financial educators can measure the impact of their work through assessing financial well-being or other measures of financial health. With enhanced coordination, the Financial Literacy and Education Commission (FLEC) can effectively mobilize expertise and resources to provide assistance when and where it is most needed. The National Strategy 2020 describes a new structure to better organize the FLEC. It also identifies planned actions in priority areas of basic financial capability, including access to financial services (such as savings and credit products), housing, retirement savings and investor education, postsecondary education, and the unique issues facing military communities.