Save \Or Spend Your Tax Refund This Year? - KALB-TV News Channel 5 & CBS 2

Save Or Spend Your Tax Refund This Year?

Posted: Updated:

Most americans plan to save the tax refunds they're expecting this year instead of spending the extra cash. That's from a new T-D Ameritrade survey.

According to the poll, 61-percent of americans say they'll save or invest their refunds while 21-percent plan to pay off debt. Eighteen percent will spend the money on necessities.

The Internal Revenue Service says the average tax refund was $2,744 last year and this year it will be in that neighborhood. 


Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.