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.
When you have savings, you have more peace of mind. Whatever tomorrow brings, we have resources to bring you one step closer to achieving your personal savings goals and improving your financial future.
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.
Learn how to improve your financial well-being by starting small and saving up. Start by putting away all or part of your tax refund.
Building and retaining savings is important because it provides a financial foundation on which to plan for the future.
The Bureau held a forum on child savings accounts. We produced a report on the forum so that you can learn more about how states and communities are offering opportunities for families to save for post-secondary education.
Knowing you have money set aside to meet your short- and long-term goals can reduce stress and may lead to a higher level of financial well-being. Learn how you can use your tax refund to meet your savings goals.
Free tax filing resources can reduce the cost of filing and give you more money to save.
If you are a tax preparer, we’ve got tips you can use to help people save and build assets during tax time
If you work directly with people who are living paycheck to paycheck, tax time is a good opportunity to encourage saving.