5 Smart Ways to Use Your Tax Refund
Expecting a tax refund this year? Whether it’s big or small, your refund is an opportunity to make progress toward your financial goals.
At First Federal Credit Union, we’re here to help you make the most of it. Consider these five ways to put your refund to good use:
- Build or Start an Emergency Fund – Set aside funds for unexpected expenses so you’re ready when life throws a curveball.
- Pay Down Debt – Use your refund to chip away at credit card balances, loans, or other high-interest debt.
- Earn More with a High-Yield Account – Grow your money by depositing it in a savings account or CD that earns interest.
- Invest in Your Future – Boost your retirement contributions with a one-time deposit into your IRA or other retirement savings.
- Support Your Goals – Thinking of starting a business or growing your side hustle? Your refund could be the perfect jumpstart.
No matter how you choose to use it, First Federal has the tools, accounts, and guidance to help you move forward with confidence.
Let’s put your refund to work—your future self will thank you.