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 firstname.lastname@example.org.
Latest posts by E.J. Smith (see all)
- Captain’s Log from Your Survival Guy’s Fourth of July Weekend - July 15, 2019
- The IRS is Coming after Your IRA with this Hidden Tax - July 12, 2019
- Cook County Residents Forced from Their Homes - July 11, 2019