Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.
After watching so many UA-cam tutorial videos on trading, I was still making losses until Mr. Ricky wen started managing my investment. Now I make $6,800 weekly. God bless Mr. Ricky wen as he has a blessing to my family.
Thanks for you excellent presentation. I appreciate your coverage because I live in Southern Indiana and have a 529. And since Indiana has the best tax handling of 529 deposits, it’s important to keep up with changes in the law. My question is actually about reciprocal states for income tax purposes. One of you mentioned that you live in MI, but work in Indiana so you take advantage of the Indiana 529 tax credit. Since Indiana and Michigan have tax reciprocity, I’m wondering how you are able to do this? I have relatives who live in KY but work in Indiana, so since they pay tax to KY, they can’t take advantage of Indiana’s 529 credit - or can they?
Great question, and the credit applies to Indiana state tax, but not Indiana county tax. The wages your relatives earn in Indiana would be subject to Indiana county tax, but not Indiana state tax. In the example referenced on the show, if you were to own a rental property or a business located in Indiana then you would be subject to state tax and therefore have tax that the credit could offset. Terribly confusing, so hopefully that makes sense! Thanks for your listenership and thoughtful question!
It’s not confusing at all. In fact, I answered my own question after I thought about it that you must own property in Indiana. And thanks for the 529 credit vs. county tax. I’m not sure I was ever aware of that!
Can I just transfer the 529 money to a savings account and pay the fee which is 10% plus income tax I think for noneducational withdrawal? Then make a contribution to my son's Roth later as long as he has earned income?
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investments.
I am excited 😊 my life has totally changed. I have been benefiting $10,250 from my $4,000 investment every 14days
I invested with Ricky, i make about a 30,000USD every month.
I heard a lot of investing with Mr Ricky wen and how good he is, please how safe are the profit?
After watching so many UA-cam tutorial videos on trading, I was still making losses until Mr. Ricky wen started managing my investment. Now I make $6,800 weekly. God bless Mr. Ricky wen as he has a blessing to my family.
His on te legram
Thanks for you excellent presentation. I appreciate your coverage because I live in Southern Indiana and have a 529. And since Indiana has the best tax handling of 529 deposits, it’s important to keep up with changes in the law. My question is actually about reciprocal states for income tax purposes. One of you mentioned that you live in MI, but work in Indiana so you take advantage of the Indiana 529 tax credit. Since Indiana and Michigan have tax reciprocity, I’m wondering how you are able to do this? I have relatives who live in KY but work in Indiana, so since they pay tax to KY, they can’t take advantage of Indiana’s 529 credit - or can they?
Great question, and the credit applies to Indiana state tax, but not Indiana county tax. The wages your relatives earn in Indiana would be subject to Indiana county tax, but not Indiana state tax. In the example referenced on the show, if you were to own a rental property or a business located in Indiana then you would be subject to state tax and therefore have tax that the credit could offset. Terribly confusing, so hopefully that makes sense! Thanks for your listenership and thoughtful question!
It’s not confusing at all. In fact, I answered my own question after I thought about it that you must own property in Indiana. And thanks for the 529 credit vs. county tax. I’m not sure I was ever aware of that!
Can I just transfer the 529 money to a savings account and pay the fee which is 10% plus income tax I think for noneducational withdrawal? Then make a contribution to my son's Roth later as long as he has earned income?