(3 Minute Read)
Tax time isn’t usually associated with a good time, especially when tax refunds are down an average of 9% from last year. With refunds trending downward, many people find themselves wondering how they can make these refund checks stretch a little bit farther this year. Luckily this time of year coincides with a lot of different deals for consumers. Read on to find out where you might save some big money this tax season.
Travel Deals
If you are retired, you might think that a spring break trip is a young person’s game, but this doesn’t have to be the case. There is a massive amount of deals for people looking to travel around this time. From hotels to flights to tours, no matter what you like to do when you travel, you can probably find a way to do it cheaper than any other time of year. In the age of the internet, all it takes is a quick Google search to find a way to travel with your family, friends, or by yourself. If crowded beaches filled with raucous college kids isn’t your cup of tea, you can even find deals to places a little off the beaten path.
Easter Deals
While many people associate Easter with bunnies, eggs, and baskets, Easter is a great time to find sales on everything from mattresses to kitchen appliances. In fact, a lot of stores are looking to make Easter a sales time as popular as the day after Thanksgiving and offer discounts that you don’t have to wait for November to get. Keep your ears open when listening to the radio or watching TV for some incredible deals on household items. Whether you need a new couch for your house or want to give your grandkids a gift for the holiday, you’ll find some great deals if you know where to look.
Clothing Deals
Typically, in the Spring many people are looking forward to buying shorts, sandals, and a new bathing suit. However, this is an opportunity to save money by looking to next winter. This may sound crazy, but this is the time of year that many department stores look to get rid of their stock of things like sweaters, hats, and coats in order to make room for this season’s clothes. At many of these stores you will be able to find big savings for next year.
Everybody wants to save money during tax season. For some people finding a deal is icing on the cake if the purchase is something you have wanted for a while, but for others, these savings can be a true lifesaver, especially if you haven’t saved enough for retirement. For anyone who wants or needs to keep more money in their bank account, there are other options. Did you know that you can sell all or a portion of your life insurance policy, even term insurance? If you have an insurance policy that you don’t need anymore, you can sell it in a life settlement for immediate cash. If you want to explore your options for a life settlement contact us today.
Case Study: Joe and Jerry bought a joint survivorship life insurance policy many years ago for federal estate tax liquidity. Due to the recent federal estate tax law changes, Joe and Jerry no longer need the coverage. Joe and Jerry sold their life insurance policy for $150k and retained $100,000 in death benefit as well.
Leo LaGrotte
Life Settlement Advisors
llagrotte@lsa-llc.com
1-888-849-088