tag:blogger.com,1999:blog-2371295367923834063.post5755037259762405823..comments2009-11-30T18:35:51.426-06:00D4Lnoreply@blogger.comBlogger14125tag:blogger.com,1999:blog-2371295367923834063.post-62645673927442316712009-11-30T14:19:48.759-06:002009-11-30T14:19:48.759-06:00

TDAmeritrade offers a drip plan for most stocks.

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-63369520945546463382009-09-15T12:33:32.828-05:002009-09-15T12:33:32.828-05:00

I have always had my DRIPS in my 401k that is exempt for tax. I also use an older standard IRA for a few DRIP stocks as well. I'm now embarking on whether I sell and pay tax now in order to "exempt taxes for life" by rolling it over into next year's beginning window for my ROTH IRA, especially since the tax to be paid will be spread over 2011 and 2012. To continue to exempt

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-40234011543615365512008-04-05T03:57:00.000-05:002008-04-05T03:57:00.000-05:00

Can I just say thank you for writing "in the US" around some of your comments. I appreciate you can't do it all the time, or even more than some of the time - it'd get dull - but still it's really refreshing when a US blogger notes there is life beyond the US' shores. (I understand the US population dwarfs old England and so the temptation to just write for the US must be high).<BR/><BR/>UK

Monevatorhttp://monevator.com/2007/09/05/grow-your-income-with-dividends-from-high-yield-shares-part-i/noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-5969115212072622782008-04-04T00:29:00.000-05:002008-04-04T00:29:00.000-05:00

Thanks for the reponse Dividends4Life. I'm pretty new to this so I will try and keep my higher yielding stocks to my Roth IRA!

Jasonhttp://www.blogger.com/profile/08039697780598137808noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-22903997505520443872008-04-03T17:44:00.000-05:002008-04-03T17:44:00.000-05:00

Jason: I am not a tax person and I only have experience with a Roth IRA. In my Roth IRA domestic (U.S.) dividends are for the most part never taxed. There are some special rules for certain tax-advantaged dividends (REITs, MLPs, etc.) where they may be taxable at certain levels. But for "normal" dividends you receive from corporations, they are never taxed.<BR/><BR/>Best Wishes,<BR/>D4L

Dividends4Lifehttp://dividends4life.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-54230336982631053452008-04-03T16:47:00.000-05:002008-04-03T16:47:00.000-05:00

Jason,<BR/><BR/>Yes, dividends are taxed in US at a rate of up to 15% depending on your annual income even if you reinvest them.

dividend growthhttp://www.blogger.com/profile/11197290990687067072noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-70552968575522975352008-04-03T14:16:00.000-05:002008-04-03T14:16:00.000-05:00

that's what I thought you meant..thanks for explaining

MGhttp://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-38585909741336656242008-04-03T12:09:00.000-05:002008-04-03T12:09:00.000-05:00

What are tax implications for dividends earned in an Individual Account? Are they taxed at 15% even if they're reinvested?<BR/><BR/>Thanks guys!

Jasonhttp://www.blogger.com/profile/08039697780598137808noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-25363720976364691922008-04-03T12:04:00.000-05:002008-04-03T12:04:00.000-05:00

All: Sorry, I was not very clear in how I reinvest my dividends with no additional commissions. <BR/><BR/>First the operative word is "additional". Let's say hypothetically I invest $3,000/month and the dividends I earned during the month were $600. What I do is add the $600 to the $3,000 and invest it in where my asset allocation needs are. Thus I only spend $7 in commissions on the full

Dividends4Lifehttp://dividends4life.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-85171387139626400682008-04-03T10:58:00.000-05:002008-04-03T10:58:00.000-05:00

How does one do this? I do the same as "dividend tree" and reinvest it in the same stocks with my brokerage firm. I am not even sure I have another option. I should talk with my brokerage firm.

Guppyhttp://stridewrite.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-30699839921089188022008-04-03T10:49:00.000-05:002008-04-03T10:49:00.000-05:00

I'd like to have a system that doesn't involve a commission, without using a DRIP.<BR/><BR/>I have a SCOTTRADE Roth IRA and an SCOTTRADE Individual account and last time I asked, they didn't support an automatic reinvestment system.<BR/><BR/>Can anyone recommend an online broker that does?

Jasonhttp://www.blogger.com/profile/08039697780598137808noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-66355618005033554102008-04-03T08:54:00.000-05:002008-04-03T08:54:00.000-05:00

D4L: I do not participate in DRIPs. However, I do reinvest dividends through my brokerage account (no commission, fractrional shares possible, and have flexibility to change with few clicks). Flexibility helps rebalancing.

Dividend Treehttp://www.blogger.com/profile/01158365117506993948noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-65415687231552577052008-04-03T08:22:00.000-05:002008-04-03T08:22:00.000-05:00

I don't use drips. I do reinvest dividends when I receive them though. But I might re-invest the dividends by buying a different company in order to maintain equal weights in my portfolio.

dividend growthhttp://www.blogger.com/profile/11197290990687067072noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-63994301224149601752008-04-03T07:48:00.000-05:002008-04-03T07:48:00.000-05:00

D4L, I'm not sure what you meant by the commission comment. I am like you though, I have a few DRIPS, but with the the majority of my dividends and distributions I just let them build up with my broker and use them to fund purchases that I would have otherwise made with saved money.

MGhttp://www.blogger.com/profile/09118524634677340463noreply@blogger.com