Where will your tax refund go - ABC 33/40 - Birmingham News, Weather, Sports

Where will your tax refund go

Posted: Updated:

Almost half of Americans filing tax returns this year expect to receive a refund. Base on last year's figures, the average refund was $2,744.

Now, the big question becomes what to do with that refund. A new survey by TD Ameritrade shows Americans are not as quick to part with extra cash as they once were. More than 60 percent of those surveyed said they expect to save or invest that cash infusion. Less than 20 percent said they will make non-essential purchases with their tax refund.

An interesting shift occurs apparently when men and women get married. Single women are least likely to save their refund, but married women are the most likely to save. Men, on the other hand, are just the opposite. Single men like to save the refund while slightly more than 40 percent of married men expect to put away the cash.

 

@

@

@

  • Tuscaloosa Area NewsMore>>

  • Reward offered in McCalla church arson

    Reward offered in McCalla church arson

    Wednesday, July 30 2014 1:38 PM EDT2014-07-30 17:38:00 GMT
    Investigators have released a sketch of the suspect in a Saturday church arson in McCalla who may be responsible for other fires in the area. They are also offering a five thousand dollar reward for information leading to his arrest.More >>
    Investigators have released a sketch of the suspect in a Saturday church arson in McCalla who may be responsible for other fires in the area. They are also offering a five thousand dollar reward for information leading to his arrest.More >>
  • Two shot at Tuscaloosa apartment complex

    Two shot at Tuscaloosa apartment complex

    Two shot at Tuscaloosa apartment complex

    Tuesday, July 29 2014 2:50 PM EDT2014-07-29 18:50:22 GMT
    A female juvenile and an adult male were shot around 7pm at Forrester Gardens Apartments in 1300 James Harrison Pkwy.More >>
    A female juvenile and an adult male were shot around 7pm at Forrester Gardens Apartments in 1300 James Harrison Pkwy.More >>
  • Judge Rules Benz Plant Violated Labor Laws

    Judge Rules Benz Plant Violated Labor Laws

    Saturday, July 26 2014 11:29 PM EDT2014-07-27 03:29:07 GMT
    A judge has ruled Mercedes-Benz U.S. International violated labor laws while dealing with employees interested in forming a labor union.An administrative law judge for the National Labor Relations Board ordered MBUSI to revise rules in its employee handbook governing the solicitation and distribution of materials at its auto manufacturing plant in Vance.The United Auto Workers accused Mercedes managers of stymieing pro-union employees' efforts to distribute information about the union.Mercede...More >>
    A judge has ruled Mercedes-Benz U.S. International violated labor laws while dealing with employees interested in forming a labor union.An administrative law judge for the National Labor Relations Board ordered MBUSI to revise rules in its employee handbook governing the solicitation and distribution of materials at its auto manufacturing plant in Vance.The United Auto Workers accused Mercedes managers of stymieing pro-union employees' efforts to distribute information about the union.Mercede...More >>
Most Popular
Stories
Videos
loading...