12.07.23 New Tax Brackets Favorable / Proof Of Money! Your Account Statements
New Tax Brackets Favorable / Proof Of Money! Your Account Statements
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Show Notes
Inflation silver lining: New IRS tax brackets for 2024. By historical standards, tax rates are low - at 12% on average. Understand how this informs financial planning, from Roth IRA conversion to home buying. In an era of historically low tax rates, don’t fall for irrelevant “tax smart” pitches. Also today, a very scary reason why you should always receive paper statements or keep digital records for all financial accounts.
- New Tax Brackets: Segment 1
- Ask Clark: Segment 2
- Financial Account Statements: Segment 3
- Ask Clark: Segment 4
Mentioned on the show:
- Today in History - December 7 | Library of Congress
- Inflation Causes IRS to Raise Tax Brackets, Standard Deduction by 5.4%
- Should I Convert a Traditional IRA to a Roth IRA?
- How To Use Priceline To Save on Travel
- BBB-File a Complaint
- Return a Gift - Amazon Customer Service
- Clark’s Christmas Kids
- Why Banks Are Suddenly Closing Down Customer Accounts
- My Wells Fargo bank account was closed with no warning – I lost all my life savings but they said it didn’t exist
- The #1 Bill You Should Get by Mail
- What's the Best Place To Sell a Car in 2023?
- What Brokerage Do You Recommend for First-Time Investors or Kids?
Clark.com resources
- Episode transcripts
- Community.Clark.com
- Clark.com daily money newsletter
- Consumer Action Center Free Helpline: 636-492-5275
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