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How to Handle an Inheritance Like a Pro, 23-24 Federal Tax Brackets, Hottest Bull Market Stocks

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Wed, Feb 7, 2024 11:44 AM

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Hottest Stocks of the Bull Market: Buy, Sell or Hold? | 2023-2024 Federal Tax Brackets and Income Ta

Hottest Stocks of the Bull Market: Buy, Sell or Hold? | 2023-2024 Federal Tax Brackets and Income Tax Rates | Social Security Board Nominee Grilled Over Program Reform Views Created for {EMAIL} | [Web Version]( February 7, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [Hottest Stocks of the Bull Market: Buy, Sell or Hold?]( [Hottest Stocks of the Bull Market: Buy, Sell or Hold?]( (Getty Images) Wall Street's ratings on the hottest stocks since the bear-market bottom just might surprise you. [Find all 16 here](. [] Taxes [] [2023-2024 Federal Tax Brackets and Income Tax Rates]( [2023-2024 Federal Tax Brackets and Income Tax Rates]( (Getty Images) It's essential to know which federal tax bracket you are in, as your tax bracket determines your federal income tax rate for the year. There are seven different income tax rates: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Generally, these rates remain the same. [Have you changed brackets](? [5 Things You Want from Your Retirement Income Plan]( Here's what Go2Income plan holders say about their retirement income objectives: 1. Don't Run Out of Money 2. Grow Income Each Year 3. Leave a Legacy for Kids 4. Build a Reserve Fund for Unplanned Expenses 5. Increase Spendable Income by Reducing Taxes We can help you balance your objectives with a complimentary Go2Income plan [Order Your Plan]( ADVERTISEMENT [] In the News [] [Social Security Board Nominee Grilled Over Program Reform Views]( [Social Security Board Nominee Grilled Over Program Reform Views]( (Getty Images) A nominee to serve as a Social Security Advisory Board member faced a tough Senate hearing recently as his views – past and present – on potential reforms to the program were called into question. The nominee, Andrew Biggs, has a long record of government service related to Social Security and [expressed concern over government data showing that, on average, people are promised benefits considerably higher than the payroll taxes]( they will pay for the benefits over their lifetime. [] Estate Planning [] [Smart Ways to Handle an Inheritance]( [Smart Ways to Handle an Inheritance]( (Getty Images) The average American has inherited only about $58,000 as of 2022 and only 21% of American households at a given point in time received a wealth transfer. Complicating matters even more is that many estates contain an array of items, including real estate, investments, cash and much more. To help, [we break down how to handle an inheritance like a pro](. [Is your money working hard enough?]( It should be! Learn how Betterment's automated investing and savings technology can make your money hustle, while you don't. [LEARN MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Personal Finance Magazine [Build wealth. Cut taxes. Retire rich.]( Get a [FREE ISSUE]( of Kiplinger Personal Finance magazine, and save up to 74% to subscribe. Includes special issues such as Investing Outlook, Retirement Planning, Mutual Fund Roundup, and Guide to ETFs. Count on Kiplinger for trustworthy help to make more money, keep more of the money you make, and live a financially secure life. [CLICK HERE]( [] Your Business [] [Seven Financial Strategies Your Business Should Implement This Year]( According to the experts of Kiplinger Advisor Collective, implementing one or more of the following seven goals can help ensure your business is functioning at its best and ready for any hurdles it may face. [Read More]( [] Wealth Creation [] [What Is Absolute Return Theory? Three Ways You Can Try It]( Most investors are familiar with tracking an index for relative returns. Absolute return theory is a more intentional and sophisticated approach to investing. [Read More]( [Ask a Pro: What's the Best Way to Lower RMD Taxes?]( Ask an advisor. Try this no-cost tool to get matched with up to 3 vetted fiduciaries serving your area who can help you with your finances. It's never too late to work towards a comfortable retirement. [Get Started]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. 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