Briefs & Summaries Financial Behaviors Financial Inclusion

Support for a Tax-Time Savings Policy: Interest in Deferring Tax Refunds With Matched Incentives

The Earned income tax credit (EITC) is regarded as one of the largest antipoverty policies in the United States. Unlike traditional cash benefits, the EITC is received as a lump sum tax refund. This research brief looks at new proposals from policymakers and advocates that seek to increase savings around tax time. These proposals could help low-income households with rainy-day funds and buffers from financial shocks. The survey highlights how matched savings could increase taxpayers interest in this project.

Project: Refund to Savings (R2S)


Perantie, D. C., Oliphant, J. E., & Grinstein-Weiss, M. (2016, January). Support for a tax-time savings policy: Interest in deferring tax refunds with matched incentives (CSD Research Brief No. 16-03). St. Louis, MO: Washington University, Center for Social Development.