The Hidden Tax Cost of JEPI’s Monthly Income Machine
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Investors who pick JEPI over SCHD almost always do it for the yield gap. The JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) pays monthly checks of around 8% of its current share price, while the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) pays closer to 3%. That spread sells JEPI on every dividend forum and retirement blog, and the cash genuinely lands in the account.
The problem is that
Investors who pick JEPI over SCHD almost always do it for the yield gap. The JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) pays monthly checks of around 8% of its current share price, while the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) pays closer to 3%. That spread sells JEPI on every dividend forum and retirement blog, and the cash genuinely lands in the account.
The problem is that
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