In this episode of Money Moves with Maggie, Maggie Shipley breaks down a common tax-time myth: that moving into a higher tax bracket means all your income is taxed at that rate. Not true.
Using a real-world example with 2024 numbers, Maggie shows how marginal tax brackets work—and why your effective tax rate is almost always lower than your top bracket.
If you’ve ever worried that a raise could cost you more in taxes than it’s worth, this is for you.
Watch now to gain clarity and feel more confident about your income and taxes.
Money Moves with Maggie” features Maggie Shipley, our next-gen advisor at Argent Bridge Advisors. This is a monthly series tailored for Maggie’s audience of millennial/Gen Z next-generation investors. Each video provides quick, actionable insights to help the viewer navigate and optimize finances. Please invite your friends and family to tune in for bite-sized financial tips and insights that seek to empower the next generation of investors when making strategic decisions about their money.
Get to know Maggie and improve your financial literacy in just 1 minute each month! Are you ready to take action or make a move that leads to your financial success? We are always available to answer your questions about this topic, or any other topic regarding your wealth planning.
You can reach out to Maggie (maggieshipley@argentbridge.com) directly to discuss!
Maggie Shipley
NextGen Advisor & Financial Analyst
Neither Osaic Wealth nor its agents or representatives may give tax or legal advice.
