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Tips, advice, and the latest news from the savings world.

#ASW17 Savings Focus: Saving at Tax Time

Tax Time Saving America Saves Week ASW Tax Time ASW17
Written by Tammy G. Bruzon · 02 March 2017

Tax season is upon us and while we often dread the paper pushing and number crunching, let’s not forget the excitement that comes with getting back some of your own hard-earned money in the form of a tax refund.

A Simple Guide to Planning For Retirement

Retirement America Saves Week ASW ASW17

If you were asked to visualize retirement, what would you see? You may see yourself living on a beachfront property, cruising around in your dream car or even turning your favorite hobby into a business. Regardless of what retirement looks like to you, it’s safe to say we all want to enjoy it.

Key tips to consider if choosing a lump-sum pension payout

Retirement America Saves Week ASW ASW17

Your pension plan may give you the option of taking your full pension in a lump sum when you retire. When you choose a lump-sum payout instead of a monthly pension payment, you replace a lifetime monthly payment for a one-time payout. A lump-sum payout can give you the flexibility of choosing where to invest or save your money, and when and how much money to withdraw. However, it also shifts responsibility from your employer to you for making your money last and protecting it from a variety of risks ranging from inflation to fraud.

It's Time to 'Rethink Retirement'

Retirement America Saves Week ASW ASW17

A secure retirement is not a guarantee, and it’s certainly not something that happens on its own. Gone are the days of employer-sponsored pension plans and an infallible Social Security program. Saving in 2017 is a more complicated process, and it takes a financially literate public along with strong leadership in both Congress and the financial services industry to make retirement security a reality for all Americans. It's time that we help Americans 'Rethink Retirement' and focus on holistic and comprehensive retirement plans. 

#ASW17 Savings Focus: Save for Retirement

Retirement America Saves Week ASW ASW17
Written by Tammy G. Bruzon · 28 February 2017

We’re officially three days in to America Saves Week 2017. If saving for retirement isn't among your savings goals, it's about time to start. The earlier savers contribute to their retirement savings accounts, the more they will earn over time from compound interest.

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Tip of the Day

  • Written by Tammy G. Bruzon | January 16, 2017

    Millions miss out on the EITC b/c they don’t claim it or don’t file taxes at all: http://bit.ly/2i8Ticx @AmericaSaves

Saver Stories View all »

Jump-Starting a Financial Makeover

Written by Katie Bryan | October 28, 2013

Nichelle Johnson, a single mom with two teenage children, knows what it’s like to stretch a dollar. When she moved back to Virginia Beach in 2008, she provided for her family with just a part-time library position.

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Taking Back Control Over Finances

Written by Virginia Saves | August 5, 2015

After becoming a Virginia Saver and getting help from BankOn classes and coaching, Nadine Bialo took back control over her financial affairs.

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Starting and Continuing a Personal Finance Journey

Written by Sara Cooper | December 23, 2013

When Kiara Hardin, now a junior at Western Illinois University, became an intern with the Chicago Summer Business Institute during her sophomore year of high school, she began her personal finance journey. The program required participants to open a savings account.

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