How Are Dividends on IRAs Taxed?

How Are Dividends on IRAs Taxed?

Growing Funds Faster Dividend-earning stocks and mutual funds can help your retirement portfolio grow more quickly, as long as you reinvest the dividends. But they can be a tax trap when you want to take the money out, especially if you invested your money in a...
Required Minimum Distributions Likely To Change

Required Minimum Distributions Likely To Change

The House of Representatives’ Ways and Means Committee has issued its report on “The Setting Every Community Up For Retirement Enhancement Act of 2019,” giving it the short title, The Secure Act.  The House has now passed the proposed legislation. The Senate hasn’t...

11 Things You May Not Know About Your IRA

One of the most important features of your individual retirement account (IRA) is the fact that it is an “individual” account. You can customize your deposits and take withdrawals when you want to, and you are responsible for paying taxes on distributions....
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