Fidelity has a lot of learning materials on its site
Honestly, you have literally zero idea on almost most very basic items. You should just do some reading on Fidelity site to learn the basic knowledge.
The tax rates depend on a lot of factors - what is the tax bracket when you take the money is the most basic and the hardest to answer because it is an estimate in the future.
If you have decades ahead of you, then Roth would be the best choice since all profits earned are not taxable at the time you take money out from Roch. Regular IRAs the withdrawals are taxed as ordinary income.
Brokerage account it depends - short term gain is ordinary income, long term gain has some tax advantage, same also applies to ordinary dividends and qualified dividends.
You really need to read and learn, from Fidelity site and IRS site as the starter.
10% – $0 to $11,600 12% – Over $11,600 to $47,150 22% – Over $47,150 to $100,525 24% – Over $100,525 to $191,950 32% – Over $191,950 to $243,725 35% – Over $243,725 to $609,350 37% – Over $609,350
Is the equivalent of qqq in retirement account ?
Best option, buy it in Roth IRA account or traditional Ira account or brokage account?
thanks
Honestly, you have literally zero idea on almost most very basic items. You should just do some reading on Fidelity site to learn the basic knowledge.
The tax rates depend on a lot of factors - what is the tax bracket when you take the money is the most basic and the hardest to answer because it is an estimate in the future.
If you have decades ahead of you, then Roth would be the best choice since all profits earned are not taxable at the time you take money out from Roch. Regular IRAs the withdrawals are taxed as ordinary income.
Brokerage account it depends - short term gain is ordinary income, long term gain has some tax advantage, same also applies to ordinary dividends and qualified dividends.
You really need to read and learn, from Fidelity site and IRS site as the starter.
10% – $0 to $11,600 12% – Over $11,600 to $47,150 22% – Over $47,150 to $100,525 24% – Over $100,525 to $191,950 32% – Over $191,950 to $243,725 35% – Over $243,725 to $609,350 37% – Over $609,350