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+--- Thread: Anyone Buy Foreign Dividend Stocks in IRA? (/showthread.php?tid=1495)
Anyone Buy Foreign Dividend Stocks in IRA? - Bogart - 03-27-2016
Would you ever consider buying a foreign dividend stock in an IRA even with them withholding 25-30% of the dividend? Would it matter if you had 30 years until retirement and you believed the stock could provide good stock and dividend appreciation?
RE: Anyone Buy Foreign Dividend Stocks in IRA? - rayray - 03-28-2016
There are plenty of foreign investments within countries that have U.S treaties to deflect handing over a percentage of your investment dollars. There are also agreements/programs that some companies use that benefit certain shareholders. So, the answer for me, would be a no, unless I was already invested and the said rules above changed then I would have to exit that would benefit me and my family.
Also, with a foreign tax exemption in regular brokerage accounts, why give up dollars when you can have that same investment and keep more for yourself, if you're a U.S. citizen/tax payer.
RE: Anyone Buy Foreign Dividend Stocks in IRA? - ChadR - 03-30-2016
The only foreign stocks that I own in my retirement accounts are BP, RDS, and BBL. And only because of the tax treaty with the US. No point in giving away 25-30% of my dividends. Own those in a taxable account so that you get your money back when you file your taxes.
RE: Anyone Buy Foreign Dividend Stocks in IRA? - Robandcindy2 - 04-05-2016
Sure...
I have Canadian and UK (Bermuda too) stocks in my IRA and 401K (as long as they are ADR's on a US exchange-401K rules).
I keep high taxed companies (NVS, SYG, etc) in a taxable account to recoup some of the taxes.
Some good info here:
http://www.dividend.com/dividend-education/everything-investors-need-to-know-about-foreign-dividend-stocks/
http://seekingalpha.com/article/248039-withholding-tax-rates-by-country-for-foreign-stock-dividends (He has some good articles-see his profile at SA)
http://www.morningstar.com/cover/videocenter.aspx?id=630131
Happy Dividending!
RE: Anyone Buy Foreign Dividend Stocks in IRA? - DividendGarden - 04-05-2016
(03-30-2016, 11:56 AM)ChadR Wrote: The only foreign stocks that I own in my retirement accounts are BP, RDS, and BBL. And only because of the tax treaty with the US. No point in giving away 25-30% of my dividends. Own those in a taxable account so that you get your money back when you file your taxes.
We also own these in taxable IRA's.