Sentences with phrase «in a taxable brokerage account»

While lower - income individuals don't typically invest a lot of money in taxable brokerage accounts, this tax benefit could help out retirees who have little or no taxable income.

I own seven mutual funds in my taxable brokerage account.

Once you hit the contribution limit, you could begin investing in a taxable brokerage account.

And it would be less than that if you held the shares in a taxable brokerage account and had to pay 15 % or so on the dividends along the way.

Plus, the added benefit of flexibility in using the cash in a taxable brokerage account for anything (as opposed to only education related expenses in the 529 plan) makes the risk of over funding the 529 plan a major detriment.

Based on reading your site it looks like your were making six figures every year, at which point you probably maxed out 401 K plans, and then had an amount equivalent to 2 — 3 times the 401K contribution left over to fund investments in a taxable brokerage account.

Also, would you suggest DGI in a taxable brokerage account?

Rolling this over slowly means I will need more assets in my taxable brokerage account to live on.

I know myself and my situation well enough to understand that if I had invested the same amount of money in a taxable brokerage account with more liquidity, I would have spent plenty of it on creature comforts that I don't need, and I would be worse off today for it.

I collect all dividends in my taxable brokerage account as cash and manually reinvest them along with new contributions each month either in the same account or into my Loyal3 account.

And since I will need to do a large re-balancing in the next month (since I need to sell a large amount in my taxable brokerage account to invest in the new small family business previously discussed) there is no better time to re-analyze my current portfolio of actively managed funds.

PRMSX is not a very significant piece of my overall portfolio (at 2.6 %), so I plan on leaving this untouched in my taxable brokerage account.

As a quick refresher, I was looking for some advice on whether I should 1) switch my 529 plan from Utah to NY based on about 8 bps differential in the total fee structure on my investment selections and 2) whether I should ultimately hold less in my 529 plan in favor of greater flexibility in holding some funds to be used for college in my taxable brokerage account.

Likewise, Amber Tree Leaves made a great point of having some funds in a specifically designated account for college, but does also favor the flexibility in taxable brokerage accounts:

First thing we will do is begin executing on our tax optimization strategy which includes the Roth conversion ladder, but also includes other steps on reducing the imbedded capital gains liability in our taxable brokerage account.

Once I have successfully rolled over all my Traditional IRA assets in Step 2 (which will take more than a decade), I will have also reset my tax basis in my taxable brokerage account and eventually used up those assets to cover my living expenses.

TD Ameritrade Most of the action this month occurred in my taxable brokerage account.

There could also be out - of - pocket tax implications for using a DRIP in a taxable brokerage account.

Examples include purchasing directly from a fund company, via a broker in a taxable brokerage account, or inside another tax deferred pension plan such as an IRA.

My dividend stocks reside in a taxable brokerage account, various dividend reinvestment plans (DRIPs), and in a no - fee dollar cost average account.

The only other funds less than 5 % are PENNX which I am transitioning out of, PRMSX which I target around 5 % or less as my foray into emerging markets, and VGTSX which is low now as a result of the liquidation for the small business investment but I would expect to grow back above 5 % in time as I build back up my investments held in my taxable brokerage account.

When you make investments in a taxable brokerage account, the IRS needs to know your gains (and losses) in order to figure out your tax liability - in other words, the amount of taxes you'll have to pay.

Also, would you suggest DGI in a taxable brokerage account?

So long as our taxable income (which in retirement will be the amount we convert from our Traditional IRA to our Roth IRA and dividends from our taxable account if over and above our deductions and exemptions) is below that threshold, we can and will take advantage of the 0 % long term capital gains tax by selling our highly appreciated assets in our taxable brokerage account.

Instead of sticking money in a taxable brokerage account every year for little Susie's college education, take a look at a 529 Plan.

Instead of keeping this cash in my taxable brokerage account, I could contribute this money to my tax - deferred, self - employed 401 (k) and reduce my 2014 taxable income even further.

They have $ 500,000 in an eligible rollover IRA and $ 500,000 in a taxable brokerage account — which could be used to pay the taxes on the conversion, or to make a charitable donation.

Assuming I'm at the 15 % marginal tax rate, that would be a tax and penalty of 25 % versus the alternative of 0 % tax if held in the taxable brokerage account.

Say that is at the 15 % marginal tax rate, but no matter what it is unavoidable whereas if those extra funds were in a taxable brokerage account we'd at least have some control on limiting capital gains tax by staying in the 15 % income tax bracket.

While we have focused on maxing out our more tax efficient IRA and 401k retirement accounts, all remaining funds available to save for retirement have been tucked away in this taxable brokerage account.

In a taxable brokerage account, investment losses can be used to offset investment gains each year — but that's not the case for an IRA.

So I may take some capital I have in a taxable brokerage account and put it on the mortgage.