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Non-Tech : Kirk's Market Thoughts
COHR 199.41+0.9%1:12 PM EST

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To: w0z who wrote (2794)2/13/2015 12:05:18 PM
From: Kirk ©  Read Replies (2) of 26759
 
I just updated my article and I believe that one on Bankrate.com is years out of date! Here is mine:
Your link shows $400,000 but I believe that is higher now.

From US Federal Income Tax Rates & Brackets for 2015 the top rate of 39.6% is now on taxable income over $413,200.

Besides earning money from people clicking ads on my site, (Google shareholders?) I like to write these pages as it helps me check the rules each year and keep the numbers and ranges in mind.

You want a nightmare headache? You should see how hard it is to explain these rules and why she should put money into her ROTH and pay a small tax NOW on the income she made rather than pay nothing by moving savings into a regular IRA for the tiny deduction to a girlfriend who speaks 4 languages but English is #4! We go through it every year....
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