#103 Should You Opt Out of the Child Tax Credit Advance Payments?

The US federal government will start sending out advance payments for the expanded Child Tax Credit this month. Is this a good thing or a bad thing for your family's finances? Should you opt-out of these payments and instead wait for tax time? All this and more in today's episode!

Mentioned in This Episode:

💰 WalletWin Podcast Episode 90 What to Do With a Windfall: https://walletwin.com/what-to-do-with-a-windfall/

🧮 Child Tax Credit Calculator: https://abcnews.go.com/US/2021-child-tax-credit-calculator-receive/story?id=78485656

💻 IRS Portal for Updating Your Info and Opting Out: https://www.irs.gov/credits-deductions/child-tax-credit-update-portal