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A TreasuryDirect account holder can direct the Treasury to deposit all or part of their income tax refund into their account using IRS Form 8888.
A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account. Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes ...
A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts , current accounts or any of several other types of accounts explained below.
A certificate of deposit — or CD — is a type of deposit account that allows you to grow your savings at higher rates than a traditional savings account.
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