Since it is almost crunch time for filing out your taxes, I want to tell you something new about refunds that you might be able to take advantage of.
One of these that I want to talk about today is ways to get your refund back. Uncle Sam this year decided to expand our options for tax refunds. The options for the refunds had always been 1. check, or 2. direct deposit into a checking a savings account.
The problem with this is that people too often spend the refunds that they get! This year, the IRS allows refunds straight into a retirement account. What this means is that your refunds can go straight into your IRA (Roth or Traditional)! Since you never see the refunds, you won?? miss it!
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I’m interested into knowing if these kind of articles make sense for people. I see that someone else has digged the article which meant he/she liked it, but any comments are welcome as it will only help! If you read this, please let me know how I can help you out by writing meaningful articles and thoughts!