What Are the Capital Gains Tax Rates for 2020 and 2021?
Which tax rate applies to your long-term capital gains depends on your taxable income.
Which tax rate applies to your long-term capital gains depends on your taxable income.
Want to create wealth through homeownership? Build equity.
Learn how to navigate the tricky tax laws around investment properties, including ways to save.
Saving for retirement is an important financial goal and there are different options when it comes to where to invest. A qualified retirement plan can make it easier to build wealth for the long term, while enjoying some significant tax benefits. Qualified retirement plans must meet Internal Revenue Code standards for form and operation under […]
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If you enjoyed stock market success in 2020, you might owe the IRS. Here’s our quick, easy guide to paying taxes on your stock gains.
The Roth IRA vs traditional IRA â theyâre basically the same plan, right? Not exactly. While they do share some similarities, there are enough distinct differences between the two where they can just as easily qualify as completely separate and distinct retirement plans. To clear up the confusion between the two, letâs look at where […]
The post Roth IRA vs Traditional IRA: Understand the Difference appeared first on Good Financial Cents®.
The Roth IRA vs. the Roth 401(k) – they have so much in common, yet theyâre also so different! How can that be, since are both Roth plans? Mostly, itâs because one is an employer-sponsored plan, and the other is a self-directed account. But the IRS allows certain specific benefits for each plan type. The […]
The post Roth IRA vs. Roth 401(k) – Choose The Best Plan For You appeared first on Good Financial Cents®.
Most in the business media world have been watching the GameStop story evolve in the past few days. The (somewhat simplified) David vs Goliath narrative of coordinated retail investors organizing online to bring down multi-billion-dollar hedge funds is hard to look away from. One of the many underlying stories of this improbable rise, and more … [Read more…]
With President Joe Biden in the White House and a narrow Democratic majority in the Senate and House of Representatives, Democrats have a clearer path to enact their agenda.
Even the best closed-end funds (CEFs) don’t get much media attention. That’s OK. Strong results and typically high distributions are reward enough.