Sentences with phrase «called taxable accounts»

Personal accounts, also called taxable accounts, are the easiest kind of account to open — some banks even let you open one online in five minutes with a couple of mouse clicks.

When you open up an account at ETrade, Scottrade or whatever, you're generally opening up a regular investing account, which is also called a taxable account.

Not exact matches

Once you've settled on your asset allocation, you need to consider your so - called asset location: Which investments should you hold in your retirement accounts and which in your taxable account?

Yesterday in my taxable account with the stock at $ 16.45 I brought back my Mar 2015 $ 16 covered call for $ 0.64 costing me $ 78.97.

The plan calls for young people to put 15 percent of their salary into a savings account — whether it be an IRA, 401 (k) or taxable account — starting at 25 years old, he wrote for Business Insider.

He does have some assets in large cap dividend - paying equities but he doesn't want them called away because they are in a taxable account and he has a low cost basis.

If you hold investments in a taxable account, it's much easier to track your adjusted cost base (ACB) with mutual funds: you can even call the fund company directly to get accurate book values.

Today when Ford (F) stock was around $ 13.11 I sold 1 MAY2013 $ 14 Covered Call at $ 0.36 in my taxable account.

The reason for these option trades is that I already had 100 shares of Ford in my taxable account that I had a covered call on that was in the money.

One is my brokerage account which I call taxable as the income is taxed.

Called Qualified Longevity Annuity Contracts (or QLACs), these accounts allow you to defer taxable income for longer periods of time and create a future income stream.

But if you're a Couch Potato with a taxable account, you may be able to reduce the Canada Revenue Agency's share of your investment returns with a strategy called tax - loss selling.

In taxable accounts that are not set up for shorting stocks, the Gambit requires a phone call to TD Waterhouse to journal the purchased shares from the Canadian dollar account to the US dollar account.

Not only did I decide to keep it and put a limit order for out of the money covered calls in my IRA, I checked the put options for my taxable account.

One easy way to get around the restriction is to buy US - listed stocks in your taxable account first and as soon as the trade is settled, call your broker and contribute the stock you just bought in - kind into your RRSP.

So they might save save save in tax deferred «pension» accounts (401k / IRAs for my predominately US based readers) and call it quits around 50 and do some part time work and live off taxable savings for a decade or so.

An Individual Retirement Arrangement (IRA), commonly called an Individual Retirement Account, is a personal retirement savings plan available to anyone who receives taxable compensation during the year.

The Income Tax Act specifically allows that for the purposes of determining taxable income, a person can deduct any legal and accounting fees (which the legislation collectively calls «professional fees») that are incurred in the pursuit of a claim for child or spousal support.

This is called «self dealing» and if the IRS decidesmthat you have done it, they can recharacterize your entire retirement account: which menas the money is no longer in the retirement account, but is immediately taxable as income this year.