I have a rollover IRA from an old job's 401k. I have had it sitting uninvested (where it's outperforming my new job's 401k) and I want to start investing it on my own.
If I put a stock that pays a dividend into my IRA, where does the dividend go? Back into the IRA to be reinvested? Paid out to me?
Is the dividend taxed in either of those situations?
The account is with E*TRADE.