Tax Advantages of Dividend Income

Are you planning on setting aside extra savings in the near future? When you’re building savings for a long-term goal like retirement or education, keep in mind the tax implications of your investment. If you’re earning bank interest, you pay income tax on that interest. But if you invest in stocks that pay a dividend, you can reduce taxes and keep more money for financial goals. Here are the tax advantages of dividend income.

Kamal’s Money Tips: Tax Advantages of Dividend Income from M.Kamal, the Mortgage Expert on Vimeo.

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