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Tax Bracket Management // How to Manage Your Tax Brackets

Tax Bracket Management is a simple concept that allows YOU to have more control over how much you pay in taxes. By understanding the thresholds between each tax bracket, your income, the qualified retirement accounts available to you, and having surplus cash on hand to deploy/contribute...you can easily control how much you pay in taxes. For my wife and I personally, we are utilizing our after-tax Roth accounts as much as possible based on our financial planning. However, many other people like to reduce their taxable obligations as much as possible right now. In this video, I share a few examples and hypotheticals how you can manage which of the marginal tax brackets you fall into. ————— Call if you WANT TO ASK ME A QUESTION... ➡️ https://bit.ly/KSchollCoaching ————— MY WEBSITE 👨‍💻 https://www.kscholl.com ————— Support the channel - random referral links: ➡️ BLENDERS SUNGLASSES: Get $20 off your order of $50 or more: http://rwrd.io/dhqkw4a ➡️ Nice & affordable WATCH STRAPS from StrapsCo: https://strapsco.com/?ref=161 ➡️ My MAGNETIC COLLAR STAYS on Amazon: https://amzn.to/3q70ZPE ➡️ Hey! I'm using SoFi INVEST 📊 to buy and sell stocks (and pieces of stocks) with ZERO fees. Open an Active Investing account with $100 or more and you'll get $25 in stock. Use my link: https://www.sofi.com/invite/invest?gc... ➡️ STUDENT LOAN REFINANCE WITH SoFi: https://www.sofi.com/invite/student-l... ➡️ 50% OFF QuickBooks Online Subscription for first 6 months: https://refer.quickbooks.ca/s/kylescholl ————— ➡️ Share this video with a friend:    • Tax Bracket Management // How to Mana...   ————— ➡️ Subscribe for more videos:    / @financial_awareness   ————— OTHER VIDEOS YOU MAY LIKE Taxes - Credits & Deductions You Should Know:    • Tax Deductions & Tax Credits You NEED...   Taxes - Effective vs Marginal Tax Rate:    • Effective Tax Rate vs Marginal Tax Ra...   How to Start Investing:    • How to Start Investing in the Stock M...   401(k) - Roth 401k vs Pre-Tax 401k:    • Roth 401k vs 401k // Roth 401k Explained   401(k) - How Aggressive Should it be:    • How Aggressive Should My 401k be?  (A...   401(k) - Should I...Cash Out my 401k:    • Should I Liquidate my 401k // CARES A...   401(k) - Should I...Borrow from my 401k:    • Should I Borrow from my 401k // Cares...   ————— ABOUT ME 👇 I've been involved in people's financial decisions for 15+ years (7 yrs Real Estate experience & 8+ yrs as a former Financial Advisor)...I now bring the financial successes, mistakes, failures, and best financial habits/tips to you through these videos. My mission is to bring Financial Awareness to the forefront of your daily decisions so you can: improve your quality of life, increase your net worth, and grow upon your financial literacy. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, entrepreneur, and of course...my experience as a Former Financial Advisor. This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience. Subscribe if you are interested in: #TaxBracketManagement #ManageYourOutcome #PersonalFinance DISCLAIMER: I am not a financial adviser or a certified public accountant. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.