Characteristics, Uses, and Taxation of Investment Vehicles

Free CFP Exam lesson in Investment Planning. 16 min read, ~2,446 words.

LTCG/qualified dividends: 0%/15%/20% plus 3.8% NIIT above $200K single / $250K MFJ (max effective 23.8%). TEY = muni yield / (1 - marginal tax rate): never reverse it; multiplying instead yields a different number. REIT distributions split into ordinary (199A-eligible, max effective 29.6%), capital gains (LTCG rates), and return of...