To all replyers thanks for all the info and ideas including info on specific funds including CA funds. I apologize that I did not make it clear that the assets are in a TRUST so the income is taxed at the rate for Trusts - the Fed marginal tax rate is 37%, and the CA marginal tax rate is 2%.
In retrospect, I sure agree the CA tax deserves some consideration; all other things being equal, why give up 2% of income. Seems sort of like thinking a 2.1 % management fee is not a consideration when a .1% fee is available. Not very good thinking for this aspiring Boglehead.
Thanks again and I welcome any more input.
In retrospect, I sure agree the CA tax deserves some consideration; all other things being equal, why give up 2% of income. Seems sort of like thinking a 2.1 % management fee is not a consideration when a .1% fee is available. Not very good thinking for this aspiring Boglehead.
Thanks again and I welcome any more input.
Statistics: Posted by jjet65 — Tue Sep 24, 2024 7:44 pm — Replies 5 — Views 269