UPS Stock vs 401k

[azupser]

10 percent to 401k. 100 a week for stock. 401k can access @59.5. Stock anytime after 2 year stock hold. Good idea to do both

 

[azupser]

Capital gains tax is 15 percent

 

[IVE GOTTA PACKAGE 4U]

10 percent to 401k. 100 a week for stock. 401k can access @59.5. Stock anytime after 2 year stock hold. Good idea to do both

Just save! spend less than you make. dont owe the bank,buy the bank!

 

[IVE GOTTA PACKAGE 4U]

Capital gains tax is 15 percent

Some people will pay 20%t plus a 3.8% surcharge,If in the higher tax brackets.

 

[upschuck]

If you buy UPS stock best thing to do is put it in a Roth IRA, then any gains are tax free, and you can take out the principle at any time. Don't worry about losing the 5% discount, it will easily be made up later when you withdraw your funds.

 

[1989]

• Ordinary dividend and short-term capital gain: Tax rate is same as ordinary income tax rate.
• Qualified dividend and long-term capital gain: Tax rate is

0% for the 10%~15% brackets; 15% for the 25%~35% brackets; and 20% for the 39.6% bracket.

 

[IVE GOTTA PACKAGE 4U]

If you buy UPS stock best thing to do is put it in a Roth IRA, then any gains are tax free, and you can take out the principle at any time. Don't worry about losing the 5% discount, it will easily be made up later when you withdraw your funds.

Or you can buy them In your 401k. use the self managed accout. when you retire ,you can pull them out. pay tax on your cost basis. and when you sell them,take advantage of the capital gains tax.

This omly works for employer stock.
Little loop hole in the tax law.

Something to think about!

 

[upschuck]

Or you can buy them In your 401k. use the self managed accout. when you retire ,you can pull them out. pay tax on your cost basis. and when you sell them,take advantage of the capital gains tax.

This omly works for employer stock.
Little loop hole in the tax law.

Something to think about!

Can't take it out early penalty free, if you need to take the money out, though.

 

[IVE GOTTA PACKAGE 4U]

Can't take it out early penalty free, if you need to take the money out, though.

Agreed. just a tax strategry.

Another little nugget for you. if you put money in the roth 401k.

When you retire move it to an IRA.

If you dont, it will count against your RMD,when you turn 70 and a half.