Only 5% of taxpayers who expect to receive a refund this year plan on investing some of the money in mutual funds, stocks or bonds, according to a survey of 1,683 taxpayers by Cambridge Consumer Counseling Corp., a company that offers credit counseling to consumers.

Instead, a majority, 62%, of the 69% of those who expect to receive a refund, plan on using the money to pay off bills or make everyday purchases, the survey found.

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