Managing Your Financial Future with Lucia Capital Group
Managing Your Financial Future with Johnny Dean and "Professor" Rick Plum, CFP® Brought to you by the advisors and investment professionals at Lucia Capital Group, a registered investment advisor. Integrating financial planning and investing decisions, designed to help you reach your own financial goals. Want the best tips on which hot stocks you should buy this week? Go somewhere else - we don't do that. It's all about planning, strategy, managing your future and taking control of your financial life. Securities offered through LPL Financial, member FINRA/SIPC.
Managing Your Financial Future with Lucia Capital Group
How to Use the Tax Brackets to Your Advantage
The US tax system is by design a complicated beast, and trying to understand it all is a daunting challenge. And yet, unless you understand how the tax brackets work, you may be paying a LOT more in taxes than you actually owe.
Most taxpayers assume that the amount of tax they pay is determined by which tax bracket they're currently in. This is both a true and untrue statement. If you're in the 24 percent bracket, does that mean every dollar you earn is taxed at that rate? Going forward, yes; looking backward, no.
Confused? Tune in to this week's podcast with host Johnny Dean and Rick "The Professor" Plum, CFP® to perhaps gain some clarity on this week's episode of Managing Your Financial Future!