Financial Safeguards Group

Financial Safeguards Group is not primarily an insurance broker, but we are licensed in the State of Arizona to sell various Insurance products. These products include Long Term Care Insurance, Annuities, Life Insurance, and Health & Disability Insurance. We offer these products as a way to conserve your money and help offset unexpected expenses and/or provide Retirement income. Contact us by phone, fax, or email for further information on Annuities, IRAs, or any other Financial Vehicle.

How about a guaranteed return on your money? IRA, 401K or Savings. 3 or 4% annually for as little as 3 years and as much as 20 years.
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Insurance at a Glance

Posted on: June 26 2018 / Written by: admin

These products include Annuities and Life Insurance. We offer these products as a way to conserve your money and help offset unexpected expenses and/or provide Retirement income. Contact us by phone, fax, or email for further information on Annuities, IRAs, or any other Financial Vehicle.

2022 Tax Changes

The tax items for tax year 2022 of greatest interest to most taxpayers include the following dollar amounts:

The standard deduction for married couples filing jointly for tax year 2022 rises to $25,900 up $800 from the prior year. For single taxpayers and married individuals filing separately, the standard deduction rises to $12,950 for 2022, up $400, and for heads of households, the standard deduction will be $19,400 for tax year 2022, up $600.
The personal exemption for tax year 2022 remains at 0, as it was for 2021, this elimination of the personal exemption was a provision in the Tax Cuts and Jobs Act.

Tax Bracket Rates For tax year 2022 for individual single taxpayers with incomes greater than $539,900 ($647,850 for married couples filing jointly) 37%

The other rates are:
35%, for incomes over $215,950 ($431,900 for married couples filing jointly);
32% for incomes over $170,050 ($340,100 for married couples filing jointly);
24% for incomes over $89,075 ($178,150 for married couples filing jointly);
22% for incomes over $41,775 ($83,550 for married couples filing jointly);
12% for incomes over $10,275 ($20,550 for married couples filing jointly).
The lowest rate is 10% for incomes of single individuals with incomes of $10,275 or less ($20,550 for married couples filing jointly).

Financial Safeguards Group

Insurance at a Glance

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2022 Tax Changes