Sharon Jones’ phone rang two weeks ago with a welcome surprise: she had won $25,000 for saving a chunk of her tax refund. “I can’t believe it, pinch me,” she said Friday, staring at the check from Boston- based nonprofit Doorways to Dreams Fund. The prize is part of the national Save Your Refund campaign, headed by D2D Fund, […]
Single Mom in Austin, Texas Wins $25,000 for Saving Portion of Tax Refund As Part of Innovative Tax-Time Savings Campaign
Non-Profit Doorways to Dreams Fund Sponsors Unique Promotion Helping American Tax Filers Save Small to Win Big
AUSTIN, Texas, May 2, 2014 – A single mom in Texas who works two jobs was awarded a $25,000 Grand Prize by the non-profit Doorways to Dreams Fund (D2D). The prize was part of an innovative savings challenge called SaveYourRefund that encouraged taxpayers […]
A tax refund is the biggest check that many families will see all year, and deciding how to spend it is one of the most important financial decisions a family can make. Setting aside a portion of that refund for a rainy day is not always easy, but can be powerful tool to help families save for their futures.
By saving a small chunk of your tax refund, you could hit a $25,000 jackpot.
A new lottery created by nonprofit Doorways to Dreams Fund aims to encourage people to save rather than spend. For every $50 of your tax refund you tuck away in savings, you receive a chance to win $100 during one of 100 weekly drawings, along […]
Who knew Utahns could participate in a lottery?
Under a program called SaveYourRefund, those filing their taxes can enter the free lottery by using Internal Revenue Service Form 8888 to put at least $50 of their tax refund directly into an IRA, bond or personal savings account. They can enter to win at www.saveyourrefund.com.
The grand prize is $25,000, but […]
A program was brought to my attention this week, and even though I hate to reward procrastinators, I’m going to write about it anyway. Knowledge of the program may encourage those who have not yet filed their taxes and are expecting a refund to save a portion of the refund. If you’ve already filed for 2013 and usually get […]
Many tax filers look forward to receiving a lump sum of cash during tax season. This may be the largest amount of discretionary cash that one receives in the entire year. The lure to spend the money is always present, but now there is an incentive to encourage saving.
A national promotion entices tax filers with a chance to win […]
Want to win $25,000? Have you heard about Save Your Refund and the chance to win cash in a contest that’s designed to encourage investing in your future by directly allocating a portion of your tax refund to savings?
When a friend asked us to spread the word we looked more closely into Save Your Refund and the organization behind […]
Americans are not saving like they used to. According to the Federal Reserve, personal savings rates fluctuatedbetween 14 and 9 percent in the ’60s and ’70s. Over the past decade, the rate has seldom been over 6 percent. At the beginning of this month the rate was 4.3 percent. Anyone who has endured pricey unexpected events like dead […]
Tim Flacke, Executive Director at the non-profit D2D Fund that administers SaveYourRefund, was featured on MSNBC live with host Craig Melvin. Tim spoke about the incentives offered through the promotion in assisting low income families to start saving during tax season. He encouraged people […]
According to the IRS, more than 31 million Americans have qualified for refunds so far this tax season, with an average pay out of $3,211. If you’re among this lucky group, you have the chance to do something exceptional. By using your refund wisely, you have a unique opportunity to improve your finances and increase your quality of life.
BOSTON (CBS) – No one has ever been guilty of saving too much money for retirement! So if you use your refund to do some retirement planning you will be so ahead of the curve!
Workers put off retirement planning because the goal seems so far away. Ask any Baby Boomer what would they have done differently and they will […]
Most people — 61 percent according to a poll by TD Ameritrade — intend to save or invest their tax refund. But a few extra hundreds or thousands of dollars in-hand can make refund recipients feel like they’re allowed to splurge a bit.
“You also find significant spending among households who say they’re saving [their tax refund],” said Jonathan Parker, a […]
BOSTON (CBS) – Too many treat their refunds as a windfall. It is not. It is a return of YOUR money. You allowed your employer to withhold too much money last year and you are just now getting it back.
The average refund this year will be around $3,000 and 75% of taxpayers will get a refund.
So what to do with that […]
When it comes to getting ahead in the world, a lack of savings can be a big hurdle, especially for low-income families. Most don’t have enough money set aside for emergencies, let alone for college or a house. Some people think the answer is to make savings more fun, like the lottery, with the chance to win big prizes.
Blowing your tax refund on lottery tickets is about the worst way to spend your annual windfall. But that doesn’t mean you can’t have any fun with the money you overpaid to Uncle Sam. The financially sound andfun thing is to save at least some of your refund and enter theSaveYourRefund contest.
Doorways to Dreams, the sponsor of […]
Joanna Smith-Ramani, Director of Scale Strategies at the non-profit D2D Fund that administers SaveYourRefund, was featured on WLW-AM Cincinnati on March 5th, 2014 to talk about the promotion. She emphasized the opportunity that many people around the country have during tax season to save part of their refunds. She also told listeners about the chance to split, save, and […]
The Doorways to Dreams Funds is sponsoring the SaveYourRefund contest to encourage more people to put their tax refund into savings. Anyone who commits to saving a portion of their tax refund is eligible to win a $25,000 grand prize in addition to several small weekly prizes.
Doorway to Dreams – also known as D2D – partners with MCUL & […]
Tim Flacke, Executive Director of the non-profit D2D Fund that administers SaveYourRefund, was featured on DayBreak USA and interviewed by Jay Young on February 28th, 2014 about the promotion. Mr. Flacke emphasized the long- and short-term importance of savings and the opportunities to start saving during tax season. He also told listeners about the chance to split, save, and […]
Currently, Innovative Changes AmeriCorps VISTAs and staff are reaching out to tax payers at the CASH Oregon site in the Lloyd Center. With Money Menus listing the many program and assistance offerings IC$ can provide – including FAFSA help, information on bank accounts and prepaid cards, free credit report how-to, financial coaching, and more – IC$ has been promoting […]
Tatiana Brezina, Innovation Stagiest at the non-profit Doorway to Dreams Fund (D2D) that administers SaveYourRefund talks about the promotion as part of america saves week through NCTC. She explains the process of how people can split their refund checks into one of six qualified savings products to enter the promotion. She also reached out to potential promotion promoters to […]
[…] Take care of your tax refund, so it can take care of you
Ads on TV and radio may be tempting, claiming to get your tax refund money the next day, or even before you file your taxes. But these offers can be expensive. Here are some ways to make the most of your refund.
- Use direct deposit. If possible, file […]
Boston-based Doorways to Dreams Fund offering $35K in prizes as incentive to save portion of income tax refund (Springfield Republican)
As residents across Massachusetts begin getting their income tax filings in order, a Boston-based nonprofit is offering up to $35,000 in prizes as an incentive to encourage people to set aside part of their refund for savings.
The Doorways to Dreams Fund, based in the city’s Allston neighborhood, is giving 101 taxpayers the chance to take home cash, including […]
Earn It! Keep It! Save It! (EKS), free tax preparation services, will be provided in Lake and Mendocino County beginning January 27th along with an exciting opportunity for clients to win up to $25,000 toward their personal dream goal.
North Coast Opportunities, Inc. (NCO) is once again participating in a United Way led coalition to offer free tax […]
$25,000 Windfall greets Manchester Woman who Saved some of her Tax Refund (New Hampshire Union Leader)
Lilliana Roman of Manchester is surrounded by friends and co-workers after receiving a check for $25,000 in the Save Your Refund Sweepstakes. From left: Laureen Caron; Roman; Denise Batchelder, and Charles Caron. (DAVE SOLOMON/UNION LEADER)
MANCHESTER — Lilliana Roman sat stoically in the front row of the audience in the aldermen’s chambers Monday afternoon at Manchester […]
BOSTON, Mass., April 8, 2013 /3BL Media/ – Nine entrants in the first-ever SaveYourRefund tax time savings promotion that started Feb. 1, came out way ahead after saving part of their federal tax refund. After random drawings, each of the winners received a prize of $250 for splitting his or her refund using IRS Form 8888.
The Boston-based nonprofit Doorways to […]
For many low-income families, there just doesn’t seem to ever be any extra money that they can put into savings — except at one time every year: tax season. So when that refund or Earned Income Tax Credit comes in, it is often the biggest lump sum of income they will see all year long.
“We are big believers that […]