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)
- If You Have a Minute, I’ll Show You How to Experience Newport like the Rich and Famous - June 22, 2018
- Emergency Cash: Bitcoin or Dollars? - June 22, 2018
- Growing-Up in Mattapoisett/Rochester/Marion: Going on Survival, Part III - June 21, 2018