Dividends

[gocats]

Derf.
I am 36. I work for GE.
If I am invested in 401K (whether tax deferred or not) I can request the quarterly dividend payout of $0.20 per share. I do not receive a penalty on this payout. It is, however, added on as true income. I am currently only in the 15% tax bracket due to other tax decuctions. Therefore, it is a better deal for me to take the dividend payout than to let it grow in the account. I PLAN to retire in a higher tax bracket than I am currently in, and therefore, am better off taking the dividend payout and re-investing in other investements that produce more income, etc.
I am beginning to believe that this may be impossible outside my company (to get the dividend on the tax deferred $), but I am still hopeful that someone knows how to do this...

If you know anyone who works for GE -- Ask them. It is clearly defined and documented in the Benefits Handbook.

Thanks,
GoCats