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Here are some additional tips from financial advisors on making filing simple and maximizing your refund. (And don't miss Fortune's other tax season coverage.) 1. Max out your 2023 retirement accounts
You can get your refund deposited to a bank account, prepaid debit card, or mobile app so long as you have a routing and account number. ... annuity or retirement plan distributions. (Photo: Getty ...
Refund anticipation checks involve opening a temporary bank account to receive an advance of your refund, minus fees. They money doesn’t come from the IRS but from the tax preparer or service ...
Here are some steps worth taking a look at to try to get a bigger refund. ... “Saving for retirement is obviously a huge perk in itself, but there are tax advantages as well,” he said. “A ...
“If high-interest debt isn’t a concern for you, consider contributing your tax refund to a retirement account, like your Roth IRA. Adding extra funds to your retirement accounts sooner rather ...
Fortunately, there are steps you can take to get your refund faster. ... Individual retirement account (IRA). You can even split your deposit into any three accounts, the IRS detailed.
Contributing to tax-advantaged retirement accounts like a 401(k) or an IRA is a powerful strategy to get money back, according to Mike Kojonen, founder and owner of Principal Preservation Services ...
Investing your tax refund into an IRA or other type of retirement savings account can pay dividends down the road. If you have young children, you might also put a priority on saving for their ...