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Master Limited Partnerships, or MLPs, are some of the highest-income investments in the market — but they’re also one of the most misunderstood. In this video, we break down what an MLP actually is, how it works, and why so many income investors use them in retirement portfolios. You’ll learn: What an MLP (Master Limited Partnership) is Why MLPs pay much higher income than dividend stocks What types of companies use the MLP structure How pipeline and energy infrastructure MLPs make money The difference between owning MLPs directly vs MLP ETFs Why MLP taxes are different (K-1 vs 1099) Where MLPs fit in an income or retirement portfolio ⚠️ MLPs are income-focused investments, not growth stocks, and they come with unique tax and interest-rate risks. 📌 This video is for educational purposes only and does not constitute financial advice. Always consult a qualified financial professional before investing.