The Taxable vs. IRA Math on JEPQ and MAIN: Which One Goes Where
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Say you want $60,000 a year from your portfolio, and two of the most popular monthly payers on the market are on your list: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) and Main Street Capital (NYSE:MAIN). Most of what both pay out is taxed as ordinary income, so the account you hold them in sets how much of the $60,000 you actually keep.
What $60,000 a Year Costs at Three Yiel
Say you want $60,000 a year from your portfolio, and two of the most popular monthly payers on the market are on your list: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) and Main Street Capital (NYSE:MAIN). Most of what both pay out is taxed as ordinary income, so the account you hold them in sets how much of the $60,000 you actually keep.
What $60,000 a Year Costs at Three Yiel
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