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Robert Abrams

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H&R Block has been a pioneer in creating a unique product, the Express IRA, which has provided the opportunity for hundreds of thousands of Americans to start a pattern of savings. Out of all the Express IRA accounts opened between 2001 and 2005, 78% have experienced positive net tax savings benefits and interest earnings. This is a positive and powerful statement of achievement. Further, this effort has not created windfall profits for H&R Block---indeed the company has lost money operating this program.

Out of all the Express IRA accounts opened between 2001 and 2005, 78 percent have experienced positive net tax savings benefits and interest earnings.

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