What are the tax benefits of Save portfolios**?

The returns on Save portfolios, like the Market Savings APY,* are taxed as long-term capital gains**. This makes filing the returns you earn on your Save portfolio very efficient and appealing for customers, especially for more affluent customers. The following graphs show hypothetical tax situations to explain how Save portfolio returns would potentially be taxed**. 

Example 1:

Assuming a marginal income tax of 28.40%, which is the average income tax for U.S. tax filers, and a long-term capital gain of 15%, the following scenario lays out the rate of return for regular savings accounts compared to Market Savings after taxes are factored in: 

Example 2:

The benefits after taxes are even better for more affluent customers with a higher tax rate. In this scenario, we're assuming a marginal income tax of 45%, and a long-term capital gain of 20%, the following scenario lays out the rate of return for regular savings accounts compared to Market Savings after taxes are factored in: