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June 3, 2019
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So when i got the job i currently have i set it up so federal withdrew a extra 50$ from my check, not because i will owe money but for the tax break, good idea or bad?

  • June 3, 2019
  • 1 reply
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Best answer by PatriciaV

As long as you are happy to loan the US Government $50 out of every paycheck and let them earn interest on your money, you might consider it a good idea. A better idea would be to put that $50 in a credit union account and earn the interest yourself.

1 reply

PatriciaV
PatriciaVAnswer
Employee
June 3, 2019

As long as you are happy to loan the US Government $50 out of every paycheck and let them earn interest on your money, you might consider it a good idea. A better idea would be to put that $50 in a credit union account and earn the interest yourself.

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