Sentences with phrase «regular old taxed»

The VTSAX account I have is not specifically an official retirement account — it's a regular old taxed account that I opened to invest as much of my money as possible.

The VTSAX account I have is not specifically an official retirement account — it's a regular old taxed account that I opened to invest as much of my money as possible.

Not exact matches

But if you have any money in a regular old taxable account, taxes can be another hidden cost that really hurts your returns.

I am sick of my tax dollars going to relieve regular «disasters» that always seem to be concentrated in the we hate paying taxes and the federal government states of the old Confederacy.

Rather than going back and fully funding a 401k, the suggestion is to invest in regular old taxable accounts (albiet with tax - friendly index funds).

If that same 25 year old young saver invests $ 4000 a year into a regular taxable savings account earning 8 % interest, he would grow a nest egg of $ 800,000 upon retirement (at the age of 65)-- assuming a 15 % tax rate.

That check can feel like free money, but if you just spend it or stick it into a regular savings account or CD, you're going to be hit with taxes and a 10 % penalty unless you're at least 59 1/2 years old.

Also because reinvested dividends / interest / realized capital gains add to basis, and is not taxed when withdrawn, also helps make regular old investing not such a bad deal, as everyone says, when compared to tax - qualified investing.

, your withdrawals will be taxed like regular old income.