10 Surprising Things That Are Taxable

10 Surprising Things That Are Taxable

If you work for a living, you know that your wages are taxable, and you're probably aware that some investment income is taxed, too. But the IRS doesn't stop there.

If you've picked up some extra cash through luck, skill or criminal activities, there's a good chance you owe taxes on that money as well. To avoid being caught off guard on April 15, take a look at our list of 10 surprising things that are actually taxable. If you collected any of the income or property on the list, make sure you declare it on your next tax return!

SEE ALSO: The Most-Overlooked Tax Breaks and Deductions

Read more: https://www.kiplinger.com/slideshow/taxes/T054-S003-surprising-things-that-are-actually-taxable/index.html

20 Best Retirement Stocks to Buy in 2020

20 Best Retirement Stocks to Buy in 2020

In retirement, investors must figure out how to generate enough income without a job while also ensuring that they don't outlive their income stream. The best retirement stocks to buy in 2020 (or any other year), then, assuredly must be dividend-paying ones.

Receiving regular dividends reduces an investor's dependence on the market's fickle price swings to make ends meet. Whether or not the market rises or falls in 2020, a portfolio of quality businesses can continue delivering predictable, growing dividend income.

Compared to many fixed-income investments, dividend stocks also can generate higher current income in today's low-interest-rate environment, growing their payouts each year to help preserve one's purchasing power. Dividend stocks, like other equities, provide meaningful long-term price appreciation potential as well.

Research firm Simply Safe Dividends published an in-depth guide about living on dividends in retirement here. However, a key component to this strategy is finding the best retirement stocks that can deliver safe dividends and grow in value over time.

On that note, these are the 20 best retirement stocks to buy in 2020. The 20 stocks on this list appear to have safe dividends, yield between 3.5% and 6.9%, and have solid potential to continue growing their payouts in the long term.

SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement

Read more: https://www.kiplinger.com/slideshow/investing/T018-S001-20-best-retirement-stocks-to-buy-in-2020/index.html

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