Widespread hardship inflicted by the Great Recession has underscored the financial vulnerability of many families and the need for accessible resources that can help them meet their needs until they are back on their feet. Yet current policies convey conflicting messages about the value of saving. While higher income households are offered incentives to save through the tax code, many low-income families are actively discouraged from saving through policies that require them to choose between spending down their existing savings or foregoing the immediate assistance they need.
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