Entries by Aaron Skloff, AIF, CFA, MBA
Top State Marginal Income Tax Rates 2025
Click to Enlarge Top State Marginal Income Tax Rates 2025 California also imposes a 1.1% payroll tax on wage income, bringing the all-in top rate to 14.4%. Note: Map shows top marginal rates: the maximum statutory rate in each state. This map does not show effective marginal tax rates, which would include the effects of […]
Long Term Care Insurance Tax Free with Health Savings Account (HSA) – Long Term Care University
Long Term Care University – Question of the Month – 02/15/25 By Aaron Skloff, AIF, CFA, MBA Q: Can we pay for our long term care insurance policies on a tax-free basis? The Problem – Paying for Long Term Care Insurance with After Tax Dollars The Internal Revenue Code is loaded with tax benefits to […]
What Are the IRA Contribution and Income Limits for 2024 and 2025?
Money Matters – Skloff Financial Group Question of the Month – February 1, 2025 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2025, can we still contribute to Individual Retirement Accounts for 2024? What are the contribution limits, income limits and contribution deadlines for 2024 and 2025? A: The Problem — Foregoing […]
Long Term Care Insurance Tax Benefits 2025 – Long Term Care University
Long Term Care University – Question of the Month – 01/15/25 By Aaron Skloff, AIF, CFA, MBA Q: Can long term care insurance be offered as a company benefit to all or a limited number of our employees? If so, are there any tax advantages for employers or employees? Are there tax advantages for individuals […]
Retirement Plan Contribution Limits for 2025 and 2024
Money Matters – Skloff Financial Group Question of the Month – January 1, 2025 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2025. What are the contribution limits for various retirement accounts in 2025? The Problem – Lack of Retirement Savings Most pre-retirees recognize they […]
