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Return Of Capital is a useful tool for FIRE financial independence retire early
Return of capital is similar to dividends, but has different taxation rules associated with it. Because the income is by definitions receiving your own money back again ROC does not count as income on your federal and state taxes. It also doesn't count as income for ACA healthcare MAGI. Thus this can be a useful tool for early retirement if you want to receive healthcare subsidies, but also want to have income to live on during this time.
Get a Robinhood account, use my referral link, and I get free stocks, https://join.robinhood.com/timothr-76f6f6
DISCLAIMER: Everything I say is for entertainment purposes. Do not take ANYTHING I say as financial advice, I am not a financial advisor, I am just an individual with a youtube channel.
Видео Return Of Capital is a useful tool for FIRE financial independence retire early канала DC Investing
Get a Robinhood account, use my referral link, and I get free stocks, https://join.robinhood.com/timothr-76f6f6
DISCLAIMER: Everything I say is for entertainment purposes. Do not take ANYTHING I say as financial advice, I am not a financial advisor, I am just an individual with a youtube channel.
Видео Return Of Capital is a useful tool for FIRE financial independence retire early канала DC Investing
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