Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I am 50 and have another 15 years to go before I can retire. When I do my taxes, I get hurt by the large amount of income I get from dividends in my regular (taxed) stock portfolio. It really cuts into my refund, and I wish I had contributed to my Roth IRA rather than buying taxed dividend stocks. Because of my financial situation, I can't contribute much at all to my Roth. Would it be better to sell some of my dividend stocks and put that money into my Roth? Can you start a portfolio of dividend stocks in a Roth IRA? Thank you.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.