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Passive income (lemmy.world)
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[-] sparkee@lemmy.world 4 points 2 months ago

Many people in The US who are trying to save for retirement attempt to have fewer dividends since that becomes taxable income. They would prefer just a higher stock value and pay the taxes later when presumably they are retired and in a lower tax bracket. That premise is probably good but you never know how the government is going to change up tax rates in the future.

[-] Asafum@feddit.nl 2 points 2 months ago

Thanks for the info!

this post was submitted on 04 Oct 2024
1644 points (99.1% liked)

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