Expanded 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 MoreBlack History Month: Breaking Barriers to Build Black Wealth
This Black History Month, we are highlighting Black financial leaders who have broken barriers to create a more equitable future. We will also explore aspects of the racial wealth gap. Throughout history, Black people have faced systemic barriers to building generational wealth that prevented Black families from achieving financial security. Despite limited access to financial…
Read MoreHow to get legal help this tax season
There are so many tax time-related acronyms that it can be tough to keep track of everything. Whether you’re looking for free tax help or legal assistance to deal with the IRS, here are two resources you may find useful: VITA sites can help you file your taxes, while LITCs can help you with legal…
Read MoreBuild Back Better: 7 Ways It Could Have Helped in 2022—and Beyond
We’re disheartened to hear that talks of the Build Back Better Act (BBB) have stalled for now. While Congress continues to debate the specifics, there’s one thing we can all agree on: investing in our communities is good for everyone. At SaverLife, we believe that everyone deserves to have equitable opportunities to build financial security…
Read MoreDon’t Delay — Sign up for Affordable Health Insurance Today!
SaverLife is committed to supporting members like you however we can. No one should be left without health insurance in times like these. We’ve got your back. SaverLife has partnered with Health Sherpa (again!) to bring members like you affordable, quality health insurance that will benefit you and your wallet. The Open Enrollment Period is…
Read MoreBuild Back Better Ensures Investment in Families
In July, we witnessed a new chapter in our country’s history. Direct payments of the Child Tax Credit (CTC) reached millions of families across the country and help was on the way for families with children who were struggling to pay for groceries, rent, or utilities, build rainy day funds, afford child care, and meet…
Read MoreNeed Help Paying Rent and Utilities?
Since the COVID-19 pandemic started, we know it’s become even more difficult to pay for rent and utilities. That’s why the Consumer Financial Protection Bureau (CFPB) developed an online, mobile-friendly tool that’s especially meant to help those who are impacted the most by high housing costs: small landlords, women, and people of color (POC). 11…
Read MoreWant to Save Money on Your Monthly Internet Bill?
Could you use a HUGE discount on your monthly internet bill? Do you need new equipment (laptop, desktop computer, or tablet) for yourself or a family member? You might be able to take advantage of the Emergency Broadband Benefit (EBB) program. You could receive up to $50/month or $75/month discount on your monthly internet bill…
Read MoreAsk an Expert episode 4: Let’s chat about the Child Tax Credit
We know the advanced Child Tax Credit is important for families nationwide. Watch our YouTube Live and hear from SaverLife Policy Director, Radha Seshagiri, as well as SaverLife financial coach and CFP, Tania Brown, as they talk about these payments and how this money is making a difference. You’ll also hear from three SaverLife members…
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