How to avoid capital gains tax in your retirement portfolio
BNN Bloomberg
For the average retirement investor with a good tax strategy, there are tools available to avoid paying a capital gains tax at any rate.
The rest, including corporate executives with share plans, wealthy business owners, real estate speculators and anyone with an average income over $1.4 million, must now pay tax on two-thirds of any gains over $250,000 in a year instead of half.
Capital gains are accrued when an individual sells an asset such as a stock, property or business. The inclusion rate is the portion that is taxed at the filer’s marginal rate.
For the average retirement investor with a good tax strategy, there are tools available to avoid paying a capital gains tax at any rate.
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