When experts talk about what you should do with your tax refund, they usually focus on a couple of options: deposit it in an IRA or pay down your credit-card debt. But there are other options to consider, especially because, thanks to last year's tax-law changes, this year's refunds are 5% higher, averaging $2,100 per return. You may eventually decide the IRA deposit or debt-reduction strategy is for you--but here are some other possibilities:
GET A FINANCIAL PLAN. It may cost you, but it's worth it. According to new research from Bankrate.com individuals who plan their finances carefully are...