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  • Surviving The Tax Bite In Retirement [View article]
    this is a question for your cpa, not for readers of SA.
    Jan 22, 2015. 03:01 PM | 3 Likes Like |Link to Comment
  • 3 Stocks To Put On Your Roth IRA Watchlist [View article]
    It is my understanding that COSWF withholds foreign tax. Investments held in retirement accounts do not pass on withheld tax adjustments to the individuals. As a result, you need to look at foreign tax withheld on retirement investments as lost money. Sorry, no 1116 today. No refund from Canada, either.
    Oct 5, 2014. 05:06 PM | Likes Like |Link to Comment
  • Is BreitBurn Energy Partners A Good Investment? [View article]
    Just for accuracy: Hey Rasher, 15% was the cap on qualified dividends until the end of 2012. For tax years 2013 and forward, the tax rate caps at 20%, the same as long term capital gains.
    Oct 5, 2014. 04:57 PM | Likes Like |Link to Comment
  • Constructing A Monthly Income Portfolio [View article]
    Psychologically, monthly dividends are wonderful..BUT...quality of investment is most important. Let us assume (I hate that word) that because you are in the market you have at least a bit of common sense and mathematical ability. Schedule your cash flow and, if you have a small amount of ready cash to survive a few months, budget via your schedule for your annual expenditures. If cash is tight, exercise restraint and make your budget work for you.
    Aug 14, 2014. 12:41 PM | 1 Like Like |Link to Comment
  • GT Advanced Technologies: Why Apple's iWatch Will Have A Sapphire Display [View article]
    I have a bunch of GTAT with a basis of $4.76 per share...just sitting here looking pretty, waiting for the skyrockets to emit their profitable glare.
    Jul 8, 2014. 09:06 AM | 2 Likes Like |Link to Comment
  • GT Advanced Technologies: Severely Misunderstood And Undervalued By Wall Street Analysts [View article]
    I hold a bunch of GTAT from when it was SOLR - basis 4.76. I hope, I hope, I hope...
    Mar 12, 2014. 03:17 PM | 2 Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    No you may not. The best you can do, if yo don't have the cash, is sell a stock and repurchase it outside of the IRA. There is no in-kind transfer where RMD is concerned.
    Mar 11, 2014. 10:24 AM | 1 Like Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    Hey, rrl1124 - There is no right or wrong answer. You may wish to list the positives and negatives for opening an IRA to make your determination. But I am confused; you indicated that you are retired. Do you qualify to open an IRA based on spousal income or did you just retire, having earned some 2013 qualifying income? Make sure you are entitled to open the vehicle before you "soul search" to decide if it's a good idea.

    If you do qualify to open the account, then consider the dollar amount of tax savings, the benefits of tax deferred earnings on the account, and the tax hit once you reach RMD age. Please talk to your CPA about this. He (she) may offer some additional insight.
    Mar 11, 2014. 10:22 AM | 2 Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    Good morning. You may want to consider consulting with a CPA about coordinating RMD with your total income and life goals. If you have minimal income and minimal RMD, an opportunity may be staring you in the face to remove extra IRA money and pay (substantially) no tax. Remember, the IRA you leave to your heirs has tax implications, but if you are single and over 65, with no other taxable income, you could have withdrawn $11,500 of IRA funds in 2013 and paid zero tax. The more you shrink your taxable IRA, the less your beneficiaries pay in the future. Several of my "lower end" clients have adopted this philosophy. In fact, for only $503 in tax, individuals with the above scenario could have withdrawn an additional $5,000. Think about it.
    Mar 11, 2014. 09:38 AM | 4 Likes Like |Link to Comment
  • This High Dividend Stock Just Blew Out Earnings And Has Major Dividend Growth Ahead [View article]
    HI, melRcarey. I assume you are asking about an irrevocable trust. Any trusts can own MLPs but before you buy, make sure you are up to date on the loss passthrough laws. They are different from individual ownership rules. The issue is mute with the revocable trust.
    Nov 18, 2013. 12:42 PM | Likes Like |Link to Comment
  • You May Think That The Market Is Overvalued But These Dividend Champions Are Not: Part 1 [View article]
    Wonderful article. I've been considering adding more ED to my portfolio. What do you think of GPC?
    Nov 15, 2013. 09:58 AM | 1 Like Like |Link to Comment
  • A Million Dollars Isn't What It Used To Be [View article]
    I remember, as a young child, hearing my father complain that his CPA raised his quarterly fee (which included half a day per quarter at my father's store and the individual and corporate tax returns) to $50. I also remember when I became a CPA (1979) and how impressed I was that the firm that employed me billed me out at $35 per hour and that some clients actually earned a 6-digit income. Times have changed. Consider: the DJIA in 1979 was in the low 800s. I got my driver's license in 1965 and gas was 29-cents per gallon. Time and growth march on.

    Everything is relative.
    Oct 24, 2013. 09:39 AM | Likes Like |Link to Comment
  • Start IRA Conversions Early To Have More Purchasing Power Later [View article]
    Thank you SpanglerDavis for an easily understood answer. Rarely do I advise clients to convert their IRAs. Warning to "alpha-erians:" When you begin to consider converting, know your reasons, know the goals, and work out the arithmetic (after you approximate your future taxable income and current tax bracket.) Make sure you make all financial decisions so that they serve you, not because you read that your potential move is the new sliced bread. Good luck.
    Aug 19, 2013. 11:16 AM | 2 Likes Like |Link to Comment
  • 4 Stocks Paying Higher Cash Dividends [View article]
    Consider the Vanguard fund VDIGX for peaceful zzz's. It's a wonderful fund for retirement and non-retirement investments. I actively manage my non-retirement portfolio and much of my retirement money but for the monthly SEP contributions, VDIGX is simple, conservative, and in the upper spectrum of safety. It throws off a dividend and is up, before dividend reinvestment, 15.8% so far this year.
    Jun 3, 2013. 09:44 AM | Likes Like |Link to Comment
  • Dripping Works: A Real-World Example [View article]
    I bought PG directly from the company for my first grandchild; no fee to initially purchase, none for dividend reinvestment and none for additional purchases. What other great stocks offer this arrangement? Son number 1 is soon to present grandchild number 2.
    May 21, 2013. 11:23 AM | 1 Like Like |Link to Comment