ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
In Canada, they have a financial instrument called a GIC (Basically the equivalent of a CD). They have an option whereby the interest is paid fully at the end of the GIC period. 2,3, 4, 5, 7 & 10 years. So taxes are not incurred until the instrument expires.
Is there such a thing available in the USA? Whether it be a CD or . I need to keep our income low for another 5 years and I think this may be an answer. Yes I know taxes will need to be paid at the end of the period, and they will be a little higher than if incurred monthly/annually.
Any insight would be appreciated.
Is there such a thing available in the USA? Whether it be a CD or . I need to keep our income low for another 5 years and I think this may be an answer. Yes I know taxes will need to be paid at the end of the period, and they will be a little higher than if incurred monthly/annually.
Any insight would be appreciated.