“I invested in my former place of employment, a privately held company. They recently announced that they have filed for an IPO. Once the company goes public, am I taxed at a capital-gains rate or at my full income-tax rate? Also, as a former employee, can I withdraw the funds immediately, or is there a waiting period?”
Answer: The Initial Public Offering does not trigger any taxation. Taxes only apply when you sell the shares. Any gains over your cost-basis are taxed as capital gains. If you sell shares you have owned for less than 12 months for…
- I’m 67. I retired at 62 after 34 years and elected to begin taking my SS benefits. My wife is 65 and just retired after 21 years of work. She hasn’t taken her SS benefits yet. Is there a smart strategy (I hear about spousal strategies) to employ here, or did I eliminate strategic moves by having taken benefits at 62? I’ve tried to research this, but can’t seem to get a definitive answer. thanks for your consideration.
- What is the Medicare Part D late enrollment penalty?
- What are the best Medicare coverage options for retirees who travel a lot?
- If I get Social Security disability benefits and I reach full retirement age, will I then receive retirement benefits?
- I’m an Air Force retiree whose wife uses Medicare/Tricare for Life. All has gone well so far, but now her doctor says he’s going to stop taking Medicare on assignment and has suggested my wife might want to look into a Medicare Advantage plan. Doctors who accept Medicare assignment are fairly scarce in our area. Since TFL always pays last, how would it work if she joined a Medicare supplement or Part C plan?