3 Dividend Stocks For Your 2015 Required Minimum Distribution

December 31 is the deadline for certain investors (especially those who turned 70 ½ in 2014) to make sure they take their Required Minimum Distributions. Here’s the smart way to handle it… If you’re of that certain age or older, the RMD is a feature built into retirement plans like an IRA to force you to take some of your money out rather than keep it sheltered from taxes and growing indefinitely. You must take the money out by the end of the calendar year (12/31) or risk a penalty of 50% of the amount of the RMD.

What better way than putting it to use in dividend stocks? Payouts will certainly help your cash flow, and with safe and sound investments, you won’t suffer sleepless nights. Here are three ideas for stocks with dividend yields north of over 3%, easily beating the 10-Year Treasury Note rate: With a dividend payout sitting at just over 5.50%, AT&T (T) is one of the most yield-friendly stocks you can put into your portfolio. What was once a giant of the U.S. economy, not to mention one of the bluest of the Blue Chips, General Electric (GE) is starting to round into form as a player once again on the global stage. If anyone in the retail space besides Macy’s (M) and Nordstrom (JWN) is getting hammered for short-term honesty, it’s Walmart (WMT).

Source: InvestorPlace

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