In observance of April is Financial Literacy Month, District residents can participate in free educational programs, resources and services to help with making more fiscally sound decisions. Subscribe here to get updates from DISB. Also, you can follow the Department on Twitter: @DCDISB and @BankonDC and like us on Facebook.
April 1-7: Preventing Financial Fraud: An Educated Consumer Is a Protected Consumer
Learn tips on how to avoid becoming a victim of scams and frauds.
Preventing Financial Fraud and Exploitation Presentations
Worried about your loved one being victimized by financial scammers? Check out the Department’s financial fraud prevention presentations that help residents and service providers spot scams and report them to DISB for investigation. Want DISB to host this presentation at your community location? You can submit the request here.
April 8-14: Creating Wealth through Financial Planning: It Is Never Too Early to Think About Retirement
Resource Fair and Free Tax Prep: Come Reset and Refresh your Goals!
Have you procrastinated on filing your 2017 tax returns? Are you worried that you owe? Do you need your tax refund completed for free? On Saturday, April 14 from 10 a.m. to 2 p.m., come to the Reeves Center located at 2000 14th Street, NW, Washington, DC 20009 for a resource fair and free tax prep. District residents who earn less than $53,000 and meet other qualifications can get taxes prepared for free by certified volunteers with the Volunteer Income Tax Assistance (VITA) program. For more details and to register for the Fair, go to https://bit.ly/2IQ0yn3.
District of Columbia Government Employees:
Saving for Retirement
Did you know that if you are a District Government employee you can save for retirement by making tax-deferred contributions directly from your paycheck? You can contribute as little as $20 a paycheck. See the details about the District’s 457b Deferred Compensation Plan from ICMA-RC at this link.
Saving for College
Did you know District Government employees can save for college by opening a DC 529 savings plan? For as little as $25 a month you can commitment to saving. To establish your account, visit https://www.dccollegesavings.com/home.html.
April 15-21: Saving and Protecting Your Assets: Promoting Sound Financial Habits
Financially Fit DC Initiative
Looking to get out of debt? Looking to buy a home? Need to build your emergency fund? Check out Financially Fit DC, a financial educational initiative that includes an online program connecting residents to programs and resources to improve residents’ financial capability and set and meet financial goals. To get started, go to welcome.financiallyfitdc.com.
Financial Education Workshops
Do you know any teens that will have a paid internship or job over the summer? Are you saving your allowance for a special occasion? DISB’s Bank on DC program provides workshops to District teens to find affordable banking options to save money and develop good personal financial management skills. To learn more, please follow on Twitter @DCDISB and @bankondc.
Student Debt Management Strategies
Did you know that 25 percent of District residents have student loan debt and the average student loan balance is approximately $40,000? Thus, making the District of Columbia first in the nation with indebted student loan borrowers. Worried about defaulting on your loan, get help with your concerns from the District’s Student Loan Ombudsman by sending an email to [email protected]. Visit this page, https://disb.dc.gov/service/meet-student-loan-ombudsman, to see when the Ombudsman will be in your neighborhood.
April 22- 28: Insurance: Are you covered? Underestimating insurance needs may cost you more in the long run.
Learn tips on determining if there are any gaps with your insurance coverages or if they are inadequate for your needs.