" BOSTON (CBS) - Three out of ten taxpayers are unaware they’re taking home more money due to the payroll tax cut, says a survey by Boston-based John Hancock Financial Services.
That’s up slightly from 2011, when 26 percent didn’t realize their take-home pay had a bit more money.
The survey also found that about 20 percent of taxpayers think they’ll spend that money instead of saving it, compared to 12 percent last year.
Those saying they’ll save that extra money fell to 22 percent compared to 29 percent last year.
One in five of those surveyed said they’d use the extra cash to pay down debt, the same as last year.
One in seven said they’d increased their retirement plan contribution at work, while ten percent invested in a retirement plan outside the workplace.
Of taxpayers getting a refund, nearly half said they’d put the cash in a savings account, while 25 percent said they’d pay down debt.
One in five said they’d spend the refund, the same as in 2011, and 18 percent said they’d put the refund toward their retirement plan outside of work "
Click here to read the whole article
Maroon 5 Los Angeles Tickets Friday, March 15, 2013 08:00 pm Maroon 5 Staples Center Los Angeles
Thomas Rhett Tickets Verizon Wireless Amphitheater - MO Friday, September 20, 2013 03:00 am Thomas Rhett Verizon Wireless Amphitheater - MO Maryland Heights
Kacey Musgraves Tickets Arrowhead Stadium Saturday, June 15, 2013 05:00 pm Kacey Musgraves Arrowhead Stadium Kansas City
Feeling like your doctor is rushed, distracted, or just doesn't care? You're not alone, and it may be hurting your health and your pocketbook. Four years ago a 38-year-old adjunct professor at American University named Fred Holliday began suffering ...Read more
With today's technologies at your fingertips, determining the right paint color is easy and anyone can be their own interior decorator. * Choose colors like a pro using coordinated color collections. "It's easy to achieve designer looks in your own ...Read more
Jay Johnson took his retractable headphone cable sleeve to this year's Consumer Electronics Show looking for financial backers. That led him to Kickstarter.com, a website that helps entrepreneurs get crowd-sourced funding for their projects.Read more