- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: START Program
Posted on 11/21/19 at 4:33 pm to glaceau
Posted on 11/21/19 at 4:33 pm to glaceau
2 general questions for those who know a lot about the program...
(1) - are the AGI ranges for earnings enhancements for single filers or joint or both? Seems like they would list AGI ranges for different filing statuses, but maybe I'm missing something
(2) - assuming your AGI > 100k, the earnings enhancement is limited to 2%. your contribution is tax deductible for state taxes only, and your earnings are tax free (if spent on a qualified expense). It just seems like it isn't a ton of skin in the game for high earners to lock up cash like this. am i being short-sighted? it seems that if the question was max out 401k vs this, you'd go to 401k, right??
(1) - are the AGI ranges for earnings enhancements for single filers or joint or both? Seems like they would list AGI ranges for different filing statuses, but maybe I'm missing something
(2) - assuming your AGI > 100k, the earnings enhancement is limited to 2%. your contribution is tax deductible for state taxes only, and your earnings are tax free (if spent on a qualified expense). It just seems like it isn't a ton of skin in the game for high earners to lock up cash like this. am i being short-sighted? it seems that if the question was max out 401k vs this, you'd go to 401k, right??
1
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News