- 47% of recipients will save their refund cash.
- 44% will use some of the money to pay off debt.
- 28% will use the cash on spending, mostly on "necessities."
- Only 15% will use their tax refund money to buy "discretionary" items.
The grandson of E.F. Hutton's founder is bringing the once-ubiquitous brokerage back to life for a digital generation. Look for updates on your smartphone.