If you have a brokerage account, an IRA and a 401k. Do you allocate types of investments to each account?
Stocks may work best in a brokerage account (non IRA) since ordinary dividends are taxed at 15% max.
Tips and money markets may be best in an IRA since the tax rate on interest is probably higher than dividends and it can be deferred.
Mutual funds?
Would like to know about tax planning ideas.
Stocks may work best in a brokerage account (non IRA) since ordinary dividends are taxed at 15% max.
Tips and money markets may be best in an IRA since the tax rate on interest is probably higher than dividends and it can be deferred.
Mutual funds?
Would like to know about tax planning ideas.