While that number is lower than their goal of saving around $12,000, it's still much higher than the average amount saved by those in ... Parents in the U.S. spend around 24% of their household ...
The IRS says it is encouraged by the early results of its new free tax-preparation service, Direct File, and is evaluating whether to expand the program to cover taxpayers in more states and those ...
In fact, people in their 20s were able to save an average of nearly $5,580 last year, according to data from New York Life, putting them third on the list of age groups that saved the most in 2023.