Key Takeaway

Strong evidence that low-income families can save for short term

Piloted at select free tax preparation sites in four cities, SaveUSA is a simple tax time matched savings program — tax filers who deposited part of their refund into a designated account, and maintained the deposit for a year, received a 50% savings match up to $500.

This infographic illustrates key findings from a rigorous randomized control trial of SaveUSA—and shows that SaveUSA works.

Additional Takeaways

SaveUSA piloted at tax preparation sites in four cities.

Tax filers deposited part of their refund, maintained for one year and received a savings match.

Rigorous randomized control trial demonstrates SaveUSA’s efficacy.

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