Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ImphClinton
The only way to make these dividends untaxed would be to somehow keep track of dividends separately in your 401k then not tax them when you withdraw the money. I have seen no indication that 401k's were going to be modified have you?

No, but funds are ALREADY tracked separately in your account depending on tax status, so the default position is that dividends would simply switch categories.

We'll have to wait and see what actually passes Congress, but the assumption that dividends within 401(k)s will be taxed is clearly premature, and probably wrong.

199 posted on 01/07/2003 1:57:04 PM PST by Dog Gone
[ Post Reply | Private Reply | To 186 | View Replies ]


To: Dog Gone
It is still cutting the tar at the wrong place. Why is dividends better than interest. Banks also pay taxes. Thus interest income is often taxed twice as well. I'm sure there are many other types of double taxitation.

Be honest and cut it at the Corporate level to encourage corporate growth and honesty in the stock market.
225 posted on 01/10/2003 12:05:49 AM PST by ImphClinton
[ Post Reply | Private Reply | To 199 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson