In the 2010s, consumers have adapted to many fast-changing aspects of life, quickly moving from cell phones to smartphones and from DVRs to binge-watching movies via video streams on tablets. But one aspect of American life that’s changing fast where consumers are still playing catch-up is with new forms of health insurance.
With many families only one unexpected car repair, illness or job loss away from exhausting any savings they may have, tax time presents a unique opportunity for Americans to jump start their savings. This research report provides a closer look at consumers savings habits and how tax refunds represent an opportunity to help them meet their financial goals.
The nation’s taxpayers will receive an estimated $230 billion in federal tax refunds this year, fueling the U.S. economy and delivering a significant financial windfall to the average American household. This research report provides a closer look on the impact of tax refunds on average U.S. families.