Intel Strategy for Achieving Wealth and Off Topic Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 36.34

-0.1%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis who wrote (9895)	9/19/1997 9:16:00 PM
From: Sonny McWilliams	of 27012

Dennis, definitely as long as you are not higher than 28% tax plus state tax. I would say higher than that you would have to do some thinking. If you have a time period like this, I would say it is a great idea to pay your taxes now and then accumalate the following years tax free. You do not have to pay the 10% penalty for doing this. It is too late for me to do this but with 20 to 30 years left before you take it out it definitely makes sense. I will talk to you later this weekend on this again. I have an article about it somewhere. It says when or why it is good. And I think when you roll this over you can spread the taxable amount over a 4 year period. In other words, you have to declare only 25% a year for the next four. I am late on this. You addressed it to Brian and I am just now reading all the posts. Sonny

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next