Timothy Flacke, Executive Director of Doorways to Dreams (D2D) Fund, and Alejandra Lopez-Fernandini of the New America Foundation discuss the power of the time-honored U.S. Savings Bond to capture federal refunds and deliver a savings product. Their discussion covers why the U.S. Savings Bond is an important and unique savings product, particularly for lower-income populations, and the findings from the multi-year D2D-led pilot. The pilot reveals a strong demand by lower-income tax filers and supports the policy case for returning the bond purchase option to the federal income tax form.
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