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In fact, a good 36% of filers with a tax refund plan to pay off debt with that money, according to data from Assurance. And if you'd like to tackle a similar goal, here's a good way to go about it.

According to the IRS, so far in 2024, the average tax refund is about $3,100, a slight increase from last year. That’s a pretty good windfall, and making the most of it is important. However, many ...

Retiring without debt is the dream, but this isn't always feasible. According to the Federal Reserve, Americans age 60 and up carry around $126.6 billion in student loan debt alone -- that's ...

Erika Kullberg recommends using your refund to bolster your emergency savings and to pay down debt. She used the 'avalanche method' to pay off $200,000 in debt.

Struggling to pay off your student loan debt? Cashing out your 401(k) to pay off your student loans may be tempting, but Dave Ramsey says it's a bad idea. Instead, the personal finance ...

If you're struggling to pay off your IRS tax debt, there are a few solutions to consider. Here's what they are.

According to Scholaroo, Gen Z has the lowest average credit card debt compared to other generations. As a matter of fact, post-millennials, on average, have $2,781 in credit card debt, with an ...

The federal government has long had the authority to seize tax refunds and other payments to resolve certain debts.

If you're smart with managing your tax refund, you could fast-track your financial goals and set yourself up to build long-term wealth.

Right now, as an example, many high-yield savings accounts are paying around 4%. So if you have a 30-year mortgage at 2.9%, why put your tax refund into your home loan when you could instead put it ...

Take out a personal loan. Personal loan terms could be easier for you to repay without having to jeopardize your retirement funds. Depending on your lender, you can get your money within a day or so, ...

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