SaverLife Savings Program, formerly Earn savings program, is a non-profit organization that help families save and invest to build wealth. The program lasts six months and for every month you save $20, a $10 reward is set aside for you to redeem when the program ends. To see if you qualify for this program, please click here. I sent an inquiry regarding income qualifications and tax implications to the program’s support team and you can see the answer to my question in the picture below.
Earlier today I received an e-mail from Shana Beal, who is the Director of Communications for the program, informing me that the income qualification to participate in the for the program has been removed!
I enrolled in the program six months ago and redeemed my reward this morning! Last month I took some money from my savings account and forgot to transfer it back so I did not get the full $60 reward. The $50 reward I earned will be used toward the purchase of one of my holiday gifts.
