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April
24

The 463% Marginal Bracket

Posted by: Category: Finance
The 463% Marginal Bracket THE 463% MARGINAL BRACKET Despite the new tax rate reductions of the Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees is a whopping 463% Why? Because Social Security benefits are subject to income tax Those affected are Social Security recipients who have the good fortune (misfortune?) to be subject to both the 25% income tax bracket and the 85% inclusion rate for Social Security benefits Here's how it works First, you must understand how Social Security ...
March
15
Merit-Based Financial Aid - a real merit to students Merit-based financial aid is one of the main financial aid packages awarded based on their merit or merit plus of students Merit-based financial aids usually come from state or federal sources or private sources These types of financial aid packages are intended to assists students to help their college expenses Merit-based financial aid need not have to be repaid The rules and regulations of financial aid packages are based on the federal financial aid rules Merit-based financial aids can ...
March
11
Merit-Based Financial Aid – a real merit to students Merit-based financial aid is one of the main financial aid packages awarded based on their merit or merit plus of students Merit-based financial aids usually come from state or federal sources or private sources These types of financial aid packages are intended to assists students to help their college expenses Merit-based financial aid need not have to be repaid The rules and regulations of financial aid packages are based on the ...


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