Breaks for Investors
It seems that being smart with your money through investing comes with more than one benefit. You’ll qualify for further tax breaks on top of having a steady form of income during retirement.
Capital gains, dividends, and interest income are all taxed lower than regular income. Some might be lucky enough to not be taxed at all, but the percentages are generally 10% or 20%. Even more so, expenses related to investing are also deductible, so keep that in mind the next time you’re thinking about online brokerage fees, accounting fees, etc.
