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Most Americans plan to save their tax refunds

from CNNMoney

VideoBriefInstead of spending the big tax refunds they're expecting this year, the vast majority of Americans plan to sock the money away. A high 61 percent of Americans say they will save or invest their refunds, while 21 percent plan to pay off debt and another 18 percent will spend the money on necessities, according to a new TD Ameritrade survey of 1,000 investors. more


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