This report explores workforce and asset development strategies for improving the economic security of extremely vulnerable families, those facing major challenges beyond poverty. Evidence drawn from the authors' own research, their review of relevant literature, and learning sessions conducted by the Annie E. Casey Foundation's Center for Community and Economic Opportunity in Washington, DC, Chicago, and Portland, Maine, suggests that programs can succeed at improving the skills and employability of extremely vulnerable parents and increasing their savings to help tide them through emergencies. The paper also highlights opportunities to inform policy and support targeted research to advance this agenda. (author abstract)