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.
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Pensions are Still Hiding from the Truth - January 22, 2018
- Will NFL Playoff Weekend be Another Dud?: Part II - January 19, 2018
- These 6 Water Purification Methods will Blow Your Mind - January 19, 2018