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)
- After Healthcare Failure, Can GOP Now Muster Tax Reform? - March 27, 2017
- Good News for Conservatives in Trump’s Budget: But Will Congress Support It? - March 24, 2017
- Vance Returns to Ohio to Create New VC Opportunities - March 23, 2017