In the Media
MEDIA CONTACT
Jackie Jusko
Cell: 216-374-0945
jjusko@buildcommonwealth.org
To drive maximum progress on making wealth possible for all, Commonwealth complements our innovation and partnerships by shaping relevant public and private conversations in the media. Amplifying our work in national, mainstream, and trade outlets is critical to informing and inspiring business, fintech, and policy leaders to act, and ultimately to achieving our vision of systemic change. Browse our latest articles here.
Washington Post: The tax credit fix many can’t afford to miss
Commonwealth’s Timothy Flacke spoke with the AP and NerdWallet’s Liz Weston about the 2021 tax season and the important changes to the Earned Income Tax Credit and Child Tax Credit that allow families to retain this critical tax refund.
MarketWatch: Counting on a tax refund or stimulus check? 5 things to know before filing your taxes
Commonwealth’s Timothy Flacke spoke with Marketwatch about important changes for low-income tax filers in 2021, as a lookback provision in the stimulus package preserves Earned Income Tax Credit and Child Tax Credit – often up to 25% of low-income households’…
USA Today: Your 2020 tax returns: New rule helps those who lost jobs in 2020 qualify for key tax credits
Commonwealth’s Timothy Flacke spoke with columnist Susan Tompor about the lookback provision that enables low-income families to retain their expected Earned Income Tax Credit and Child Tax Credits in 2021, and what tax filers need to know. The column also…
A Dive Into the Stimulus Package’s Tax Provisions
Commonwealth’s Timothy Flacke shared the important role tax preparers will have in ensuring millions of low-income, financially vulnerable families receive their maximum tax refund in the coming months, after a Commonwealth analysis demonstrated these families were at risk of receiving…
The New Stimulus Deal Includes 6 Tax Breaks That Could Help Americans
Stimulus tax breaks will help millions of Americans, including a lookback provision that helps ensure millions of working Americans still receive an expected Earned Income Tax Credit and Child Tax Credit, which were at risk prior to the bill. Yahoo…
A Dive Into the Stimulus Package’s Tax Provisions
Commonwealth’s Timothy Flacke shared the important role tax preparers will have in ensuring millions of low-income, financially vulnerable families receive their maximum tax refund in the coming months, after a Commonwealth analysis demonstrated these families were at risk of receiving…
Despite Challenging Year, CRDs and Plan Leakage Were Sparse
While research is demonstrating low uptake of CARES Act 401(k) loans and emergency withdrawals, our data, collected in collaboration with DCIIA Retirement Research Center, indicates that emergency savings plays a critical role in whether people take those withdrawals. “The pandemic…
401K Specialist: Why Low to Moderate Income Plan Participants are Bearing the Brunt of the Recession
Research from Commonwealth and DCIIA Retirement Research Center indicates that the pandemic is having a lasting impact on LMI defined contribution participants.
Boston Business Journal Op-Ed: In Disruption, an Opportunity for Economic Equality
COVID-19 has been tremendously disruptive, but for Boston's fintech ecosystem, this disruption provides an opportunity to advance economic equality. Read more in this op ed from Commonwealth Executive Director Timothy Flacke and MassChallenge Fintech Managing Director Devon Sherman.
Newsy: Employers Help Workers Save for a Rainy Day
Commonwealth's Nick Maynard joined Newsy's Austin Kim to discuss employers' increasing interest in offering emergency savings plans to workers, and the social and business value that enabling emergency savings provides. Video via Newsy (www.newsy.com)
Corporate America and the U.S. Savings Crisis
Commonwealth joined Silicon Valley Directors’ Exchange to discuss what a K-shaped recovery means for corporate competitiveness, and why worker financial security is so important right now. Learn more about the data around this issue and two immediate opportunities for firms to act.…
More Workers Get Help in Building Rainy Day Savings
Workers struggling to build a rainy day fund are increasingly likely to see help from employers. Commonwealth Co-Founder & Executive Director shared insights on the trends Commonwealth has seen in workplace savings programs, including our work with BlackRock’s Emergency Savings Initiative…