The $aveNYC
Account offers eligible tax filers a unique opportunity to use a portion of
their refund to build savings. Eligible filers include families (with
dependents) earning less than $50,000 and individuals earning less than
$18,000.
If you qualify, here’s how the account
works:
Save $200 or more of your refund in a $aveNYC Account for a year
and earn 50¢ for every dollar you save—up to a maximum deposit of $1,000—from
the City of New York. If you save $1,000, you will earn $500.
2010
Savings Deposit
2010
Maximum Match Money
Total
Savings after One Year
$1,000 or
more
$500
(NEW!)
$1,500 plus
interest
$600
$300
$900 plus
interest
$200
(minimum)
$100
$300 plus
interest
Participating financial institutions will pay at
least 1% interest on your savings.
You can make deposits throughout the year, but any additional monies will not
be matched.
To learn more about the program, including participating locations, download
the flyers and FAQs.
File your taxes early because this program is only available while
funds last!
Read the $aveNYC Account flyer in
English