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Fin Plan Mar 2013 - "How a Securities-Based Line of Credit Works"

Fin Plan Mar 2013 - "How a Securities-Based Line of Credit Works"

Fin Plan Mar 2013 - "How a Securities-Based Line of Credit Works"

Excerpt


How a Securities-Based Line of Credit Works


In light of pending tax increases, many people were advised to sell securities and/or accelerate income in 2012 to take advantage of the lower tax rates that were scheduled to end. While last year’s capital gains and dividend income are subject to last year’s lower tax rates (15 percent), the funds generated by year-end sales might have nonetheless created a larger tax bill for your 2012 return.


 



 


 



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