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Pay too much in taxes this year?
Pay too much in taxes this year? This article discusses some steps you can take to help you keep more of what you earn.
Consider these suggestions:
Boost your 401(k) contributions (https://www.edwardjones.com/
Fully fund your IRA. If you have a traditional IRA (https://www.edwardjones.com/
Contribute to a college savings plan (https://www.edwardjones.com/
Avoid excessive buying and selling. If you are constantly buying and selling investments, you may find yourself getting taxed on short-term capital gains — and the short-term rate is typically much higher than the long-term rate, which you’d receive if you held your investments at least one year. Holding quality investment vehicles for the long term makes sense from a tax standpoint — and it’s also a good way to help you implement a solid investment strategy.
By making the right moves, you can brighten your tax outlook for years to come. Contact us (https://www.edwardjones.com/
Edward Jones: Matt McDonald - FInancial Advisor