Sentences with phrase «in a higher tax bracket»

I always felt how could I possibly be in a higher tax bracket in retirement and if I end up there it's probably a good problem to have.

The tax - equivalent yield will be higher for investors in higher tax brackets.

But low postdoc salaries mean you will (hopefully) be in a higher tax bracket when you retire than you are now.

Investors in a high tax bracket who are saving in a taxable account, like a brokerage account, may be interested in investments that offer tax efficiency for their taxable assets.

If you're in a higher tax bracket now as compared to in retirement, contributing to your RRSP makes more sense.

For people in the higher tax brackets, capital gains rates are likely to be higher in the near future.

Investors in the higher tax bracket pay tax on capital gains at a rate of 29 %.

Municipal bond funds are suitable primarily for taxpayers in the higher tax brackets.

So $ 1,000 in deductions would be worth almost $ 400 to someone in the highest tax bracket but only $ 250 for a taxpayer in the 25 percent tax bracket.

And what's worse, if they actually are as successful as they hope to be with your money, you might be in a higher tax bracket with fewer write - offs.

This kind of account is better for people who think they will be in a higher tax bracket at retirement than they are currently.

Or if you expect to be in a higher tax bracket later in retirement, you may want to convert enough to fill up the 10 % or 15 % tax brackets.

It's like having a group plan for individuals in the highest tax bracket.

In most cases short - term gains get taxed on your personal income tax rate, so if you fall in the highest tax bracket the impact can be substantial.

But for investors who are not in the highest tax bracket, the «advantage» is likely to be slim to zero when tracking errors are this high.

This might work fine if you are in a lower tax bracket today and believe you'll be in a higher tax bracket during retirement.

Unfortunately, the more money you have, the worse the taxes are on him, as he will be placed in higher tax brackets as his income rises.

Whereas parents are likely in a high tax bracket, and will pay 15 % or higher in taxes for selling appreciated assets such as stocks or bonds.

That can be a huge plus if you expect to be in a higher tax bracket once you retire.

Taxes aren't going up, and also, the chances of you making mega millions by the time you retire is small to generate an income in the highest tax bracket.

This would eliminate the situation where a person in a higher tax bracket receives a larger tax break for the same amount of mortgage interest than a person in a lower tax bracket.

That's because these tax subsidies are structured as deductions and exclusions, which provide bigger subsidies to households in higher tax brackets.

For this reason, investors in the highest tax brackets often prefer investments like municipal or corporate bonds or stocks that are taxed at no or lower capital tax rates.

You've seen the reports that individuals with a lower economic and social status suffer from poor health more often than folks in higher tax brackets.

To break down the question as best I can, you are concerned about end up in a higher tax bracket before a financial aid assessment?

We expect that some current shareholders in higher tax brackets will choose to sell their bonds.

Can you believe that contrary to what conventional wisdom tells us, many retirees are in a higher tax bracket compared to when they were working?

Investing in municipal bonds may help investors in high tax brackets generate federally tax - free interest income.

The cash value also grows tax deferred, which can increase the net rate of return for the owner, especially those owners in higher tax brackets.

I'm pretty much at the point where I've completely stopped contributing since I do have some worries about being in a higher tax bracket when I retire.

It is unlikely that I will be in a higher tax bracket in retirement.

As it turns out, the RRSP is ideal if you're in a high tax bracket now and expect to end up with a solid middle - class retirement.

At the same time, investors in the highest tax bracket pay tax on capital gains at a rate of about 25 %.

Those carry - forwards may have substantial value, especially for taxpayers in higher tax brackets.

Someone in a high tax bracket may want to take advantage of RRSP contribution room to lower their taxable income.

The hope being that you are in a higher tax bracket at retirement.

Making tax free bonds a favorite investment among retirees and individuals in higher tax brackets.

It's quite possible the after - tax returns on these traditional ETFs may have been higher for investors who were not in the highest tax brackets.

For now, at least, you can deduct the mortgage interest on your taxes - a big perk for people in higher tax brackets.

This is usually because of the investor getting the initial tax deduction while they're in a higher tax bracket during their earnings years.

With your income you are likely in a high tax bracket, that would make a huge difference.

That can be a huge plus if you expect to be in a higher tax bracket once you retire.

Investors in the highest tax bracket pay tax of around 29 % on dividends, compared to 50 % on interest income.

Muni funds are usually traded by people with in the higher tax bracket because these funds are except from federal taxes... Sometimes even escape state taxes as well.

Although he had a part - time job as a tutor and could have contributed a bit of money to his RRSP, he decided to wait until he was in a higher tax bracket so he would get a bigger deduction.

For those who expect to be in a higher tax bracket after retirement, a Roth IRA may be attractive for that reason.

And if you're a millionaire, you might be probably in the highest tax bracket, 39.6 %, you're losing federal, and then in the state of California, for our Californian listeners on top of that.

Because many people expect to be in a higher tax bracket down the road (since they hope to be earning more later in their career), it makes for a tax - efficient savings strategy since you pay less in taxes now.