Posted: Apr 25, 2005 By: Steve Ladew

Subject: Taxes and Savings

Comment: 1. Those who qualify for Earned Income Tax Credits should be required to take some portion of the payment in the form of an IRA or other tax protected account. And this account may not be used for anything except extreme emergencies - if at all, until retirement.

2. End Refund Anticipation Loans on EITC based refunds and pay these refunds quartely to encourage better financial management.