Title | : | How to Save Thousands of Dollars in Taxes in 2024 |
Lasting | : | 1.22.06 |
Date of publication | : | |
Views | : | 30 rb |
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Wow I didn’t realize what tax penalties were, and I really needed to know that :/ Comment from : Katie Cunningham |
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I hope you two make it a point to mention that ira contributions are not free from social security and Medicare tax You’re still paying at least 765 of your gross to those taxes Comment from : M Tellez |
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You can save yourself tens of thousands of dollars by not paying AUM's to CFP's Comment from : Ken Darcie |
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I don’t know if the hosts will answer this question: in 2023, an employee 50 or older maximizes $30k to their pre-tax 401(k), employer match is say, $135k, so employee pays $30k into after-tax 401(k) Assume 401(k) contribution started from zero in 2023 If 401(k) plan allows in-service distributions, how does this person’s tax liability stack up if they want to move all of the after-tax $30k to a Roth IRA? Please show the math I’m seeing on many forums that the rollover would be computed as 60 pre-tax and 40 after-tax Based on this math, employee can only move 40 of $30k to Roth IRA without paying tax Comment from : Radhika Suresh |
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There is no reliable cars you can buy at $15,000 anymore guys !!! Cone on, this is not the 90s ! 😅😅😅 Comment from : Sunil Mathew |
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Great! Episode! Thank you guys! Comment from : Andiclemenza |
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there's some bad edits in this cutting out content Comment from : bh617 |
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I'm 52, debt free, but I don't have much saved for retirement I currently contribute 10 to my 401K and fully fund my Roth, 7500 My employer offers a Roth ira as well as 401k Can I contribute to my employer Roth as well as the one I currently contribute? Comment from : Roman Przybylinski |
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Man if the government got rid of roth there might be riots lol bknock on wood/b Comment from : Michael De La Torre |
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Great episode guys! Thanks for your continued commitment to financial education and transparency! 👌❤️🤩 Comment from : Christina B |
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Step 10: Meme stocks Comment from : Michael Swami |
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👍🏽 Comment from : Noel |
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Bryan’s intro was cut off 😂😅 Comment from : John Keeler |
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I like to have larger returns because otherwise I wouldn't want to do my taxes Comment from : Asstronauts |
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Dang, what is going on with all this skipping? What are these guys hiding from us? What was said? Comment from : Katies #1 fan!! |
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What was that cut at the start! Lol still good episode Comment from : Marie C |
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3 buckets - depends on how much “income” you want to be declared in a year Comment from : Rob Williams |
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If the repairs on your old car end up costing as much as you might spend on car payments, does it make sense to continue to drive the old car? Comment from : Lukas Clark |
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Mr Brian Preston,brI love you guys program on YT and I have even recommended it to people in my circle I LOVE, not like, (two different meanings) the data-driven approach you guys incorporate in your presentations (I am a quant person) And also the frank and practical advises you givebrBut please, mention the country you visited in Africa (from what you said I surmise you went on vacation) Mentioning Africa in the manner you did makes it look as though you visited a country Africa is not a country, but a continent People still make that mistake I do not think you should be among them given your exposure I am not crossed and I hope I am not calling you out either Thanks for the great work you and your team are doing Let me copy your closing styleYouTube viewer, out! 🙂 Comment from : Eimienwanlan Ibhagui |
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What is going on with today’s show - skipping, bleeding audio, etc Comment from : Rob Williams |
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My wife and I aspire to own a Tesla but I constantly think of your luxury car buying rule so we don’t pull the the trigger One day either we can afford it cash or it will leave the luxury car category Comment from : Jay Dubya |
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We struggled all our life with old cars, and saved instead, so now that I am retired and set financially, I want to buy a Tesla, but we are so accustomed to living poor and saving all our life, we still think our old and reliable Subaru Outback will do just fine Don't forget if you are buying a 40K dollar car cash , you need to get the money from somewhere and that may put you into another tax bracket ( mind you, wanting a Tesla model S is sometimes almost if not more fun than getting it) Now that we are retired, we try to stay away from that 22 percent tax bracket Comment from : Gabriel Strizzi |
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How does AMT factor into being able to take advantage of these tax strategies? Comment from : C Best |
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Why can we assume that tax rates will be lower in the future? Comment from : Tonya Lutz |
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Great stuff and thank you for all the excellent content Comment from : James Meacham |
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