When I said that the current capital gains tax rate is 0% for some taxpayers, a reader, Colin, was shocked. He states:I had no idea long term capital gains are presently 0%. Are you sure?Yes, Colin, I’m sure! Let’s take a closer look at capital gains and the capital gains tax rates for 2010.Capital AssetsThe IRS has a pretty broad view on capital gains, which come from capital assets.
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0% Capital Gains Tax Rate Really Exists
Posted 8 days ago (http://www.mydollarplan.com)Unique CD Strategy to Lock in Higher Rate
Posted 30 days ago (http://www.mydollarplan.com)
We all know that long term CDs have higher rates than short term CDs… or so we thought. A unique Ally Bank CD set of rules actually lets us take advantage of the higher rates with a shorter term. CD RatesAre CDs Obsolete? That’s the question we’re discussing this week. As CD rates remain low, we’re always on the lookout for alternatives.I eliminated my CD ladders awhile ag
The first expansion in the construction industry in two years helped the pound erase earlier losses that were driven by the prospect of a hung parliament.remLen=0
After about one year of incorporation of my blogging business, I have managed to build a decent amount of savings that was earning exactly 0.01% in my Wachovia business checking account. While I like the features of the checking account, it was not making my business savings work for me. So after receiving a promotional [...] Related posts:Choosing a High Interest Savings Account Over My Low Yiel
Negative Real Return: What is Your Real Rate of Return?
Posted 65 days ago (http://www.moolanomy.com)
We all know (or should know) that having an emergency fund is a good thing, and I think most people would agree that the best place to keep your emergency fund is in a high yield savings account or a short-term CD. However, I try not to keep a lot of money in my emergency [...]
Sallie Mae Increases Interest Rate to 1.40% APY
Posted 79 days ago (http://www.bargaineering.com)
Salle Mae Bank, which recently began offering their Sallie Mae online savings account, recently announced they were increasing their interest rate from 1.25% APY to 1.40% APY, putting it near the top of the interest rate list for high interest savings accounts. With no monthly fees, no minimum balance, daily compounding, and a competitive rate, [...]Sallie Mae Increases Interest Rate to 1.40% APY
Series I Savings Bond Rate Update (May 2010)
Posted 94 days ago (http://www.bargaineering.com)
As we near the end of April, we also near the announcement period of Series I Savings Bond interest rates. For the uninitiated, here’s a quick recap – Series I Savings bonds are Treasury bonds whose interest rate is pegged to the rate of inflation. The rate is determined by an equation (I just use [...]Series I Savings Bond Rate Update (May 2010) from personal finance blog Bargaineeri
The Federal minimum wage rate is $7.25 in 2010 and with low inflation will probably only rise fractionally in 2011. Over 35 million working Americans only get paid minimum wage and so this rate impacts and is very closely watched by a large portion of workers. For example in the retail and dining industry employees only get paid minimum wage and rely on commission and tips respectively to make en
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