Money Matters – Skloff Financial Group Question of the Month – April 1, 2024 By Aaron Skloff, AIF, CFA, MBA Q: We read ‘Income Tax and Capital Gains Rates 2024’ Part 1. Can you give examples of marginal and effective income tax rates? The Problem – Maze of Marginal and Effective Income Tax Rates Looking […]
Click to Enlarge State Tax Rates on Long-Term Capital Gains 2024 Effective Top Marginal State Individual Income Tax Rates on Long-Term Capital Gains as of January 1, 2024 Notes: + State taxes capital gains income at a set percentage of the rate that applies to ordinary income. * Statutory top marginal tax rate for long-term […]
Average Length of Bear Markets and Market Corrections 1949-2023 The average length of bear markets over the last 75 years is 11 months. One of the shortest bear markets lasted 33 days. It began in February 2020 in response to COVID-19 pandemic lockdowns across the world. Data from 1/1/1949 to 12/29/2023. Source: FactSet and American […]
Bear Markets Through History and Their Recoveries 1950-2024 The table above shows all of the bear markets since 1950, as defined by Standard & Poor’s using the S&P 500 Index. The returns are price returns only, not total returns, and thus do not include dividends. Past performance is no guarantee of future results. Thus, the table should […]
Long Term Care University – Question of the Month – 03/15/24 By Aaron Skloff, AIF, CFA, MBA Q: We read ‘Hybrid Life Insurance With Care Riders Versus Hybrid Life And Long Term Care Insurance’ Part 1 and Part 2 and ‘Long Term Care Insurance Tax Benefits 2024’. Can Hybrid Life Insurance with Care Riders and […]
