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Category: Data, research, and reports |

Tax time is an opportunity to Start Small and Save Up

Encouraging saving at tax time is one of the key opportunities for many families with limited financial resources to build liquid savings. The Bureau’s annual tax time saving report has key insights for Volunteer Income Tax Assistance (VITA) programs that are focused on encouraging people to save during the process of filing their tax return.  

Category: Data, research, and reports |

Promising practices and lessons learned for Child Savings Account programs

The Bureau is engaged in building the capacity of child savings programs by releasing four briefs geared toward institutions and communities interested in starting, or expanding child savings opportunities.

Category: Info for consumers |

Here’s why you should open a savings account for your kids

Parents often want to open accounts for their children, to help them learn about saving for the future and managing their money. And young people often go to a bank to open an account when they get their first job and start earning money. However, when trying to open an account for a child under age 18, some people run into roadblocks.