Re:How much should I think of saving every month as a 29 yea...
by temp99990 on Thursday April 25, 2019 @10:44PM
(#19754431)
You’re forgetting taxes. Some will be tax free but not all if it’s a 401k or traditional IRA
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Re:How much should I think of saving every month as a 29 yea...
by mgkimsal on Thursday April 25, 2019 @11:23PM
(#19754588)
mentioned before but i looked this up. at least for the time being, qualified dividends are taxed as long term capital gains.
if your AGI is under $39k (or $78k married couple?), there's 0% tax on long term capital gains (gains from equities sales or qualified dividends). At least at a federal level, there likely wouldn't be any tax due on that $24k pull.