What’s happening with the Child Tax Credit?
Monthly CTC payments ended, regular CTC resumes It’s been seven months since families across the country received the last monthly Child Tax Credit (CTC) payment. Since then, households received the latter half of those payments in a lump sum as part of their tax refund this year. Much like you, we wish the monthly payments…
Read MoreSingle mother, her kids ‘living hand to mouth’ since CTC payments stopped
Tiffaney is a full-time accountant who lives with her two boys in Winter Park, Florida. Now that her family isn’t getting the monthly Child Tax Credit payments, Tiffaney and her boys, De’Juan (10) and DJ (2), are “living hand to mouth” trying to financially stay afloat. She received the latter half of the Child Tax…
Read MoreSaverLife Announces Winner of 2022 Tax Time Story Contest
Originally from South Carolina, Jamila Kinlock lives in Dayton, Ohio with her wife and three children. Jamila’s family means everything to her—she has two young sons, and her daughter is about to graduate from high school—with a full ride to college. “She’s doing everything I could dream for her,” says Jamila. “I’m looking at her like…
Read MoreExpanded renter tax credit could help hard-working, single father and his family
Terry is an Aerospace Machinist and single father who lives with one of his kids and his mother in Ontario, CA. Even though he’s in the top five percent of his field as a government contractor and says he should be getting paid more, he makes between $35,000 and $37,000 a year. According to Terry,…
Read MoreRent in California? You could benefit from this tax credit
What tax credit? If you rent your home in California for at least six months of the year and make less than $43,533 (single filer) or $87,066 (filing jointly), you are eligible for the annual California renters’ credit. Today, the renters’ credit is $60 for single filers and $120 for joint filers. When the yearly…
Read MoreMeet Michelle: A Nurse Using SaverLife to Teach Her Kids About the Importance of Savings
When the pandemic hit, Michelle relied on SaverLife to help her stay financially secure. Michelle heard about SaverLife three years ago at work. She became a member and completed her first Race to $100, but resources and articles kept her coming back for more. Michelle is dedicated to teaching her kids—aged 19, 21, and 23—about…
Read MoreMeet the 2021 Tax Time Story Contest Winners!
Terri is the Office Manager of Mock & Company Jewelry, a Black-owned business in Pittsburgh, Pennsylvania. She and her boss, Anthony, are the 2021 Tax Time Story Contest winners. They both won $2,500. When the COVID-19 pandemic began, Terri was laid off from her job caring for an elderly woman. She connected with Anthony through…
Read MoreMeet Jennifer: A Mother Building Financial Security for Her Family
Jennifer is an accountant who lives with her family in Clearlake, Wisconsin. She was selected as one of our 2020 Super Saver of the Year finalists. After filing for bankruptcy, she is committed to creating a financially secure future for her family. “Growing up, I had no concept of money,” Jennifer said. As she became…
Read MoreAsk an Expert Episode 2: Answering ALL Your Questions About the Second Stimulus Bill
As we head into February, the second stimulus bill has passed, and a third could be on its way! The second stimulus bill includes the payments that you may have already received – but also many other important changes that may impact you. There’s a lot of questions and uncertainty surrounding this topic. That’s why…
Read MoreNovember to Remember Week 3: Tell Us Who You’re Thankful For?
Here are just a few responses we received from SaverLife members like you! “I’m thankful for my mom. I was a teenager with lupus being rushed to the doctor’s every week, taking medication, different surgeries, I seen my mom cry so many times because she thought lupus would kill me. I remember I came home…
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