Maximize Your Tax Return
Las Vegas(KLAS)-Retail expert Linda Johansen James shares ways to maximum to your refund this year. Some tips include:
Pay off any outstanding debt or medical bills
High-Yield Savings Accounts – many are paying over 5% for the first time in years.
Certificate of Deposit: usually pays a fixed interest rate until a set maturity date, ranging from a few months to several years
Roth IRA (retirement savings account that grows tax fee) – current contribution limit for 2024 is $7000 for the year
It’s okay to treat yourself.
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