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How Taxes Work on a High Yield Savings Account (HYSA)‼️!

Ravi Wadan - Financial Education 6 views

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@number1fansince
 Literally should only be a 10 sec video
Comment from : @number1fansince


@cautionplaysroblox
 What’s the tax rates like on HYSA? Is it like dividend payout taxes or completely different?
Comment from : @cautionplaysroblox


@xavierbrown6560
 What if two years go by would it be 1000$ in interest income
Comment from : @xavierbrown6560


@LuckyLeftyxART
 If you think abt it, you made $390 in interest The $110 in taxes (assuming 22 rate) wasn't your money to begin w You're just returning a smidge from interest you gained by saving Its better than the penny im getting from chase!
Comment from : @LuckyLeftyxART


@amada0908
 Hi, thank you for your videos! brIs there a bank you can recommend to open a high yield savings account?
Comment from : @amada0908

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