Financial Education

Local Financial Resources and Organizations

• Gaithersburg Financial Empowerment Center (for City of Gaithersburg residents only)

• Bank On Rockville (for City of Rockville residents only)
• Bank On Gaithersburg
• Coalition for the Advancement of Financial Education ( CAFE Montgomery)
• CASH Campaign of Maryland for information on  Maryland CASH Academy
• Maryland 529 Plan
  • ​College savings plan for Maryland residents
  • Eligible families may qualify for Save4College State Contribution Plan - $250 from the state when you open a 529 savings account

Online Financial Education Information

• Montgomery County Office of Consumer Protection Financial Literacy Resources
• 360 Financial Literacy
• MyMoney.gov
• Money Smart
• Consumer Financial Protection Bureau Financial Education Resources 
• Managing My Money 
• Glossary of Accounting Terms

Low-Income Tax Payer Clinics

University of Baltimore Taxpayer Clinic: 410-837-5706
University of Maryland Taxpayer Clinic: 410-706-3295

Resources from the IRS

• Following major tax law changes, the IRS is urging taxpayers to use the  IRS Withholding Calculator to check their tax withholding and make sure they have the right amount of tax taken out of their pay for their personal situation. Having too little tax withheld could mean a tax bill or a penalty. And with the average refund topping $2,800, some may prefer to get more money in their pay now. The earlier people check, the more time there is for withholding to take place evenly during the rest of the year.  Additional information available in    English and    Spanish.
• IRS    Tax Reform page
• Subscribe now to IRS Tax Tips, which will include new   Tax Reform Tax Tips
• Videos on the   IRS You Tube channel
• IRS Website in Spanish

Additional Resources