When he accepted his job, Mr. MG instructed his employer to withhold substantially more federal income tax

Question:

When he accepted his job, Mr. MG instructed his employer to withhold substantially more federal income tax from his monthly paycheck than was indicated by his marital and family situation. As a result, he routinely overpays his tax and receives a refund each spring, which he invests in a mutual fund. Mr. MG views this strategy as an efficient means of enforced savings. Do you agree?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: