Location: Washington, DC
Tuesday, February 25, 2014
9:00 a.m. – 10:30 a.m.
New America Foundation
1899 L Street NW, Suite 400
Washington, DC 20036
Millions of Americans are waiting for their big tax refund. Most have already spent the money before it arrives. What if there were a way to turn that moment upside down? What if we could get millions of Americans to apply their refunds to building financial security by paying down debt, saving for an emergency, or building a nest egg?In 2013, Intuit, Inc. (the makers of TurboTax), the Center for Social Development at Washington University in St. Louis, and Duke University launched Refund to Savings, the largest intervention of its kind, to see if simple changes integrated into the tax filing process could help striving families set aside part of their refund for saving. The result? Almost $6 million saved by families earning less than $11,000 a year.Please join the Center for Social Development and New America’s Asset Building Program to discuss key findings of the Refund to Savings experiment and explore how these lessons can inform broader policy efforts to help families build healthy balance sheets.
Join the conversation online using #TaxTimeSavings and following @AssetsNAF.
Director, Asset Building Program, New America Foundation
Vice President, Government, Consumer Division, Intuit, Inc.
James B. Duke Professor of Psychology & Behavioral Economics, Duke University
Associate Professor, George Warren Brown School of Social Work
Associate Director, Center for Social Development, Washington University in St. Louis
Senior Advisor and Assistant Vice President, Federal Reserve Board, St. Louis
Director, Center for Household Financial Stability
Senior Policy Advisor, US Department of Treasury
Program Officer, Ford Foundation
http://www.newamerica.org/events/2014/the_tax_man_giveth_refundsFor questions, contact Kirsten Holtz at New America at (202) 735-2806 or email@example.com.