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Managing Up -- Your boss is really busy doing his/her work so it's imperative that you give him/her a regular accounting of what you have accomplished.
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They can change the account back to a regular account and avoid paying taxes on phantom money".
But, she said, it would have to increase to 48percentt for retirees to be better off in a regular account than a tax-deferred account.
In Ms. Sjoblom's opinion, the funds are appropriate for anyone seeking tax-exempt income in a regular account, not a retirement account.
That would be simple enough in a tax-deferred retirement account, but in a regular account, such switching could result in owing capital gains taxes.
Moreover, it works best in tax-deferred accounts because the frequent trades could result in taxable gains in a regular account.
The cash element is invested in a bank or building society deposit account, which tends to have a higher rate of interest than a regular account.
If the sale is made in a regular account, any gain on an asset held less than a year is taxed as ordinary income.
There is no current tax liability if the holding is in an I.R.A. or a tax-deferred retirement account like a 401 k), but if shares are held in a regular account, dividends are taxable.
A connected account would be a different beast from a regular account, and could be Facebook's opportunity to use its vast powers for good — imagine a parent legitimately equipped with all the information one readily gives up to Facebook.
Joanne E. Johnson, a managing director at the J. P. Morgan Private Bank in New York, said that one reason for "doing something in a regular account" would be a specific opportunity for a high return.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com