People use their tax refunds to pay for key medical expenses

The JPMorgan Chase Institute analyzed the out-of-pocket spending habits of 1.2 million Americans who received a tax refund in 2016 and found people use their refunds to pay for key medical expenses they had otherwise been putting off. Those who filed earlier and received their refund in February put 64 percent of their spending response toward paying for deferred care. Read article here…

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