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RetireSoon
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What should I look for in an ETF to minimize taxes while maximizing income generation?

I put much of an inheritance into 5% CDs. Great income, but the tax hit is huge. As they mature I want to purchase ETFs to appreciate while I do ROTH conversions. I expect to live off of income I can generate from the inheritance until starting SS and pension at 70. What characteristics should I look for in an ETF to maximize income while minimizing taxes?

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What should I look for in an ETF to minimize taxes while maximizing income generation?

You're asking a financial advice type question which is beyond the purview of this forum, such forum being dedicated to federal and state income taxation.

 

However, with respect to federal taxation, you might want to be advised of the difference between the tax treatment of qualified dividends and ordinary dividends as well as the tax treatment of capital gain distributions.

 

See https://www.irs.gov/publications/p550#en_US_2023_publink100010075

 

and

 

https://www.irs.gov/publications/p550#en_US_2023_publink100010089

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