What to do with your tax refund

Updated: Thursday, 22 Apr 2010, 9:34 AM EDT
Published : Thursday, 22 Apr 2010, 9:34 AM EDT

(FOX 25 / MyFoxBoston.com) - Most of us have filed our taxes, and many are getting refunds. What are the smartest things you can do with an income tax refund?

Financial planner with securities America Advisors and host of Money Matters on 830 WCRN Barry Armstrong gives some advice on the following:

  • What should somebody do if they don’t have credit card debt?
  • Should you use your refund to fund an IRA?
  • Is it a good idea to fund a college savings account with your tax refund?
  • How do you feel about using the refund to get energy tax credits?

Watch his interview with Alyson to get the details.

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