Your Money Q&A: Can I take out dividends from my Roth tax-free?
by Harriet Brackey
I am a 68 year old retiree. About a year ago, I converted an Proper Retirement Account into a Roth IRA. I reinvest the dividends to hands it reach one's majority so that I have an ace-in-the-hole later in time. I have three questions: Do I trouble to deferred five years before delightful any well off out or will I have to pay a incarceration? Can I take out the dividends without punishment or taxes? George W.
...
Read more...
Tax FAQ Directory
Dividends - Tax Glossary
Discusses how convention dividends and qualified dividends are taxed. ... The tax rate on qualified dividends is 0% or 15% (depending on the unitary's income tax rate) ...