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Category: Info for consumers |
Published

A complete guide to COVID-19 financial relief

Americans are receiving the third and latest round of financial relief through the Economic Impact Payments (EIP). Yet, millions still haven’t received the first and second payments – and likely won’t receive the third unless they file a 2020 tax return. View our complete guide to the COVID-19 Economic Impact Payments.

Category: Data, research, and reports |
Published

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.  

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Category: Data, research, and reports |
Published

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 |
Published

3 tips to help you make the most of your tax refund

For many people, making ends meet throughout the year is tough, and saving regularly may seem unrealistic. If you’re getting a tax refund, why not consider saving some of it to build an emergency fund or start a nest egg? Whatever your savings goal, now is a great time to start.

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Category: Info for consumers |
Published

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.

Category: Info for consumers |
Published

Tax season is here

In the next few months most U.S. households will be filing their tax returns. The holidays are over and it’s worth taking a few minutes now to think ahead to the tax filing season. You may have options you haven’t thought about before.