Editor's note: A version of this article was initially published on April 10, 2018. It is part of the 2020 Tax and IRA Guide. Question: What is the difference between marginal and effective tax rates, ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

Effective and marginal tax rates might not be familiar terms. However, they’re essential concepts to understand because they ...

Your tax bracket and your actual tax rate will almost certainly be very different numbers. Here's an explanation of the difference and why it matters. Supreme Court Justice Oliver Wendell Holmes, Jr.

Flexible stationary diffusion-type models are developed that can fit both the marginal distribution and the correlation structure found in many time series from, for example, finance and turbulence.