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)
- National Right to Work Could Help States That Can’t Help Themselves - February 20, 2019
- Buchanan: The Decline of Congress not a Recent Phenomenon - February 19, 2019
- Do You Have What it Takes to be a Great One? - February 15, 2019