Congressional Briefing: Tapping Tax Time
A Congressional briefing discussing how the United States Treasury Department’s new and ongoing initiatives are leveraging the tax time moment to encourage, inform, and empower Americans to build their financial security.
Panelist include:
Michael Barr
Assistant Secretary for Financial Institutions
United States Treasury
Mark Iwry
Senior Advisor to the Secretary &
Deputy Assistant Secretary for Retirement and Health Policy
United States Treasury
Peter Tufano
Sylvan C. Coleman Professor of Financial Management
Harvard Business School
Robert Weinberger
Former H&R Block Executive; Senior Fellow
The Aspen Institute Initiative on Financial Security
Panel experts will discuss and explore:
- The Obama Administration’s proposed enhancement of the Saver’s Credit and establishment of Automatic IRAs, designed to help millions of American households build more robust retirement nest eggs;
- The Treasury’s recently announced pilot program opening low-cost, safe financial accounts for millions of Americans currently left out of the financial mainstream;
- The role that tax intermediaries can play at tax time in financial coaching, increasing savings, and the successful use of tax benefits;
- And recent tax incentives and product innovations designed to encourage savings, including the Administration’s program to facilitate bond sales at tax time.