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Understanding Withholding Tax And How It Works

➡️Our New Channel!    / @parallelwealthmoneymastery   ➡️Fee For Service Planning: https://www.parallelwealth.com/planning Withholding tax can be a confusing process for some in retirement, so in this video I'll break it down into simpler terms. It may seem that you are paying more tax than you actually owe, but I assure you that is not actually the case! If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your retirement plan on track.  You can learn more about our services at https://www.parallelwealth.com/planning Financial Resources I personally recommend: ➡️Retirement Income for Life: Getting More without Saving More (Second Edition): https://amzn.to/3tvIdVN ➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education ➡️Future Value Calculator: https://amzn.to/3EA6Qqv ➡️Neo Mastercard – no annual fee and average 5% back! - https://join.neo.cc/parallelwealth ➡️Free Credit Report with Borrowell: https://bit.ly/borrowellPWFG ➡️Maximize your Savings with EQ Bank - https://bit.ly/EQBankPWFG The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personal vetted each product and service we provide links to. OUTLINE 0:00 - What Is Withholding Tax? 1:21 - Withholding Tax Rates 2:45 - Do You Get A Refund? 4:44 - Withholding Tax Examples This presentation is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter. Every effort has been made to ensure the accuracy of its contents. Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Returns are not guaranteed and past performance may not be repeated. ----------------------------------------- DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.