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. If your investable assets are around $2 million and want to speak with me directly about how to do this, then email me at email@example.com.
Latest posts by E.J. Smith (see all)
- U.S. is #1: World’s Most Competitive Economy - October 18, 2018
- Your Retirement Life: Is Owning a Second Home a Good Idea? - October 17, 2018
- Your Retirement Life: A Dire Warning Part III - October 16, 2018