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Markets

Fidelity warns IRA trusts face surprisingly steep taxes

TST (Full) - (Official Feed) · 1h ago

Fidelity warns IRA trusts face surprisingly steep taxes

In 2026, a trust reaches the top 37% federal income tax bracket once taxable income exceeds $16,000. An unmarried individual does not hit that same rate until income passes $640,600, the IRS confirmed in its 2026 bracket tables. That 40-to-1 gap becomes a practical problem when a traditional ...

Read the full story at TST (Full) - (Official Feed) →

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