Boomers are buying into the promise of monthly income from options ETFs, but there's a tax catch
Covered call ETFs have been widely adopted by baby boomers to meet monthly income needs, but unlike most ETFs, the tax implications can be significant.
CNBC reports: Covered call ETFs have been widely adopted by baby boomers to meet monthly income needs, but unlike most ETFs, the tax implications can be significant.
This business story centres on the United States.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- ETFs
- Section
- Business
Sources
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- CNBCBoomers are buying into the promise of monthly income from options ETFs, but there's a tax catch
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