The Refund to Savings (R2S) initiative is helping more tax filers to gain piece of mind knowing that part of their refund is tucked away for when they really need the money.  They are accomplishing this through simple savings promotions in the TurboTax Freedom Edition (tax prep software offered free as part of the IRS…

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Health care costs are putting Americans’ financial well-being at-risk, according to Cigna’s survey of U.S. consumers’ attitudes about health and finance.[i] The health plan polled over 1,800 U.S. adults in August 2014 and found that most people feel increasing health care costs will have a major impact on their financial well-being and ability to fund…

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A federal tax refund is the largest lump sum of money received in a year by the average American household. An estimated $230 billion1 in federal tax refunds will be issued this year to the nation’s taxpayers. Approximately $140 billion1 will be in consumers’ pockets by Feb. 15. In 2012, the average federal tax refund averaged $2,7002,…

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Tax time presents a unique opportunity for Americans to jump start their savings. The national savings rate is currently just below one percent. This month an estimated $140 billion in refunds will reach about 45 million people’s pockets. (1) However only 25 percent of taxpayers plan to put at least a portion of their tax…

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