A It depends on the type of fund. Generally, the interest earned in bond funds is taxed at ordinary-income rates, reaching as high as 35 percent. But if the fund invests in tax-free municipals, all or part of the interest may be taxfree. In addition, some so-called “bond funds” invest in stocks that may pay qualified dividends taxed at a maximum 15 percent tax rate. Tip:You will receive a breakdown on the types of income on the Form 1099-DIV for 2006.
- Tell managers: Get over it! Handling employee complaints is part of the job
- Must we explain reason for termination?
- New Calif. wage-and-hour legislation increases employer obligations
- E-mail/Internet use: You have power to set, enforce policy
- 2009 is 'year of employee benefits'; more in the pipeline for 2010