Tax Return Plans????

Originally Posted by Mike last I saw, most savings accounts are paying less than .1%, so it really doesn't hurt anything to lend it to the government for nothing. On

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Tax Return Plans????

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02-06-2013, 05:41 AM

#19 (permalink)

sinceday1

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Quote:

Originally Posted by Mike

last I saw, most savings accounts are paying less than .1%, so it really doesn't hurt anything to lend it to the government for nothing. On lets say a $5000 refund, you might be loaning the gov't five bucks.

But Mike, just because savings interests are 0.1%, it doesn't mean you are loaning the govn't $5. it's still $5000, just losing $5 savings opportunity.

it always feels nice to get something back either way.

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