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Tax refunds are increasingly spent on medical care

Erika Beras Apr 16, 2019
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Carsten Koall/Getty Images

Tax refunds are increasingly spent on medical care

Erika Beras Apr 16, 2019
Carsten Koall/Getty Images
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COPY

Now that Tax Day has come and gone, you might be expecting a refund. Many people already know what they’re spending it on. Out-of-pocket spending on health care jumps by 60% the week after people get refunds, according to JPMorgan Chase. 

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