High dividend paying stocks are good to hold in a Roth IRA since the dividends and gains will not be taxed.If they are held in a taxable account you have the disadvantage of the dividends being taxed now. The good news is that they are taxed at a lower rate, assuming they are qualified dividends.OTOH if they are held in a traditional IRA you avoid the tax now but eventually they will be taxed at ordinary income rates.As they say, "It depends."Bob
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra