2015 Memphis Election Results

Many Plan To Save Tax Refund


(Omaha, NE) Most Americans say they plan to save the tax refund they’re expecting this year instead of spending the extra cash.

A new T.D. Ameritrade survey shows 61% say they’ll save or invest their refunds.

21% plan to pay off debt and 18% will spend the money on necessities.

Only 19% of those surveyed say they expect to make non-essential purchases with their refunds.

The IRS says the average tax refund last year was $2,744.


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