This paper presents the results of an experiment testing the roles of a savings pre-commitment and different savings-focused choice architectures on the savings deposit decisions of 845,786 low- and moderate-income (LMI) tax filers. Results suggest that pre-committing to save at the start of the...

This paper investigates how saving the federal tax refund affects gig economy participation forlow-income online tax filers in the six months following tax filing. Using longitudinal surveyand administrative data, we leverage random assignment in a unique refund savings experimentas an...

Many U.S. households — especially those with low- to moderate-incomes (LMI) — struggle to save for retirement. To address this issue, the Department of the Treasury launched myRA, a no-fee retirement account designed primarily to help people who lacked access to employer-sponsored plans...