In this video as part of the Motley Fool's "Ask a Fool" series, Motley Fool One analyst Jason Moser takes a question from a Fool reader, who asks, "Can you talk about MLPs? What are MLPs and should you have them in your IRA? Maybe you can suggest a few MLPs you like."
Jason discusses what an MLP is, and why this asset class is known for its high dividend yields, and he also discusses how some of the tax implications of the MLP could mean that holding these assets within an IRA might not be the right move. Finally, Jason takes a look at Kinder Morgan Energy Partners (NYSE:KMP) and El Paso Pipeline Partners (NYSE:EPB), and tells investors why he thinks these two could make great MLPs to dig into further.
Jason Moser has no position in any stocks mentioned. The Motley Fool recommends El Paso Pipeline Partners. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.