Nearly half of all Americans don’t have enough savings to cope with even small emergencies. Yet more than 100 million taxpayers get refunds from the IRS each year. For many individuals and families, that tax refund is the largest check that they will receive all year, and the perfect windfall to start or grow an emergency fund.
In the 2018 tax season, Heart of Arkansas United Way is partnering with SaveYourRefund.com to encourage tax filers to increase their financial stability through splitting and saving their tax refunds. SaveYourRefund will once again offer tax filers the chance to win cash prizes for saving a portion of their tax refunds. A chance to win one of two $10,000 grand prizes or one of the 100 prizes of $100 is enough to turn a saving skeptic into a savings believer.