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MUTUAL FUNDS FAQ’S

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How are mutual fund distributions taxed?

  • Post Author:administrator
  • Post published:June 10, 2022
  • Post Category:

You must generally report as income any mutual fund distribution, whether or not it is reinvested. The tax law generally…

Continue Reading How are mutual fund distributions taxed?

Are reinvested dividends from a mutual fund taxable?

  • Post Author:administrator
  • Post published:June 10, 2022
  • Post Category:

Most mutual funds offer you the option of having dividend and capital gain distributions automatically reinvested in the fund a--good…

Continue Reading Are reinvested dividends from a mutual fund taxable?

How should I take distributions from my retirement plan?

  • Post Author:administrator
  • Post published:June 10, 2022
  • Post Category:

If your assets are in a tax-favored retirement fund such as a company or Keogh pension or profit-sharing plan (including…

Continue Reading How should I take distributions from my retirement plan?

When is it best to take a lump-sum distribution from my retirement plan?

  • Post Author:administrator
  • Post published:June 10, 2022
  • Post Category:

Your personal needs should decide. You may need a lump sum to buy a retirement home or retirement business. If…

Continue Reading When is it best to take a lump-sum distribution from my retirement plan?

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