u/Ok_Entertainment7068

Is it better to keep dividend income earned from covered calls (when DRIP is turned off) within sgov (or comparable) in a taxable brokerage or Roth for a retiree? Over 59.5 and meet 5-year Roth criteria. Also using the dividends for ROTH conversions or other non-reoccurring expenses.

If Roth, why even bother with a taxable brokerage account?

Looking at best placement for essentially holding cash reserves with easy access and minimal taxation. Thanks!