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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 327918" data-attributes="member: 12570"><p>Cement, a refund of that size should be a red flag to you that you may be having too much withheld from your check(s) and you may want to take a look at your W-4(s) to see if any adjustments can be made. You are basically loaning the Feds $7,500 <u>interest free.</u> There are several steps that you could take, to include adjusting your W-4 and the % going to your 401k, which could help you keep more of your check each week and still ensuring that you will get a refund (smaller) each year. You may also want to look in to an IRA, whether conventional or Roth.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 327918, member: 12570"] Cement, a refund of that size should be a red flag to you that you may be having too much withheld from your check(s) and you may want to take a look at your W-4(s) to see if any adjustments can be made. You are basically loaning the Feds $7,500 [U]interest free.[/U] There are several steps that you could take, to include adjusting your W-4 and the % going to your 401k, which could help you keep more of your check each week and still ensuring that you will get a refund (smaller) each year. You may also want to look in to an IRA, whether conventional or Roth. [/QUOTE]
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