Tag Archives: taxes

Are You Withholding Too Much?

Image from 401k (2013).

Are you ecstatic when you get your tax refund each year?  Do you feel like you’ve hit the jackpot when Uncle Sam sends you a huge check?  Well, getting a giant refund at tax time may not be such a good thing after all.  It means that you’ve been withholding too much tax from your pay throughout the year, giving the government an interest free loan and possibly leaving yourself short on cash every month. Continue reading