This presentation conveys how taxable accounts work and two approaches to paying the taxes. The presentation assumes an account generates ordinary income subject to annual income taxation. |
When thinking about using a taxable account for your future lifestyle, it’s important to consider potential issues and your options. Depending on the investment choices, access to the account may be limited. If using fixed interest types of accounts, the rate of return potential may be an issue. If rates of return are low, inflation may impact your future purchasing power. Depending on the type of accounts, the money may be subject to creditor claims. |
No math presented on this screen. |