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If i invest my money sum Canadian$64000.00 in LIFE INCOME FUND, how much can i withdraw in the first year? |
If i invest my money sum Canadian$64000.00 in LIFE INCOME FUND, how much can i withdraw in the first year? no idea no idea with life income fund |
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I am going to assume that the distribution was because of a divorce, if so because it was a one time thing I believe it would just be considered a property settlement...but then I'm not sure w... Wise to wait until you know where freezes over. ...it is the right choice, go ahead and invest.. templeton has good past record and is one of the best performing MF in India now.. but my caution would be to take the SIP route than one time in... That would be the 1040-TF No, just kidding. No such thing. TAX FREE income is TAX FREE! If you had tax-free interest, it is reported on Form 1040 Line 8b. If yo have more than $1000 total... Depends on what your goal is. The fund invests in bonds. You are aware that interest rates are rising??? That is not good news for fixed income investments, especially those capitalized in U S dol... it's most likely because they paid a dividend at the end of year. you can check the website of the fund to see news announcements. ...Almost all capital gains are taxed at the same rates - either 5% or 15%. Collectibles have a rate of 28% and there are different rules for business assets which have been depreciated. In short ... Try municipal bonds for tax-free status. When I lived in the U.S. (20+ years ago), I think they were tax-exempt. Might still be. But you asking for too much: - If you expect capital guarantee, ... |
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