This year the tax on dividend paying stocks for the highest wage earners, thanks to Obamacare, is 23.8%. One way to avoid this tax altogether is to invest in dividend paying stocks in your tax deferred accounts. If you have a 401k collecting dust in a corporate account somewhere then now is the time to do an IRA Rollover to Fidelity or Vanguard. Don’t let inertia get the better of you. Set-up a brokerage account and construct a portfolio of high yielding dividend paying stocks tax-free.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- 5 Reasons Why Trump Conquers Media in First Debate - September 23, 2016
- VIDEO: Don’t Let Hillary Leave You Defenseless - September 22, 2016
- Alaska: The Last Frontier, Jewel’s Pioneer Upbringing and Her Music - September 21, 2016