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1 Smart Way to Invest Your Tax Refund You Haven't Thought Of

1 Smart Way to Invest Your Tax Refund You Haven't Thought Of

To be sure, both of those are excellent uses of your tax refund check. There is also a variable interest rate, which is 6.49% for I bonds purchased through the end of April and is guaranteed for the first six months. Let's say you buy an I bond with your tax refund on March 1.