Tax efficiency – do you keep only certain assets in taxable accounts and others in tax advantaged accounts? I’m reading that after finding a good overall allocation and minimizing fees and expense rations, the next thing to worry about is tax efficiency. So keeping municipal bonds in taxable accounts and small cap in something like Roth IRAs. Tough to imaging a lot of people worrying about this level of detail. What sort of drag could you experience …

Buy rental property or keep investing in tax advantaged accounts? Hi all, I’m debating whether to invest in a rental property or keep investing in tax advantaged accounts. I currently make 166k (base salary + bonus) and my husband makes 60k. We live in the new england area and bought a house back in 2021, our mortgage is 1600 a month. This is pretty affordable for us and it allows me to max out my pre tax 401…

Tax advantaged accounts + ESOP Howdy all. I am a 27 guy working as a 2nd year civil engineer (EIT) and make about $73k per year. I soon will have a fully funded emergency fund and all debts paid off by the end of the year. I live pretty well within my means and would like to push a lot of extra money to retirement and other investment accounts (house down payment fund, etc). …

What would you do if your tax advantaged retirement accounts didn’t have tax advantages? I live in Puerto Rico. When I retire, I will be taxed on earnings in my ROTH IRA and I’m pretty sure my 401k too because they are held on the mainland and local accounts only have like a 2% interest rate. Should I rethink my whole strategy? Do I need to save an additional 15% on top of what I was hoping for to account for taxes? I make around 5…

Dividends from Money Market Funds in Tax-Advantaged Accounts I know they are taxed as regular income (federal and state, if applicable) in a taxable account, but I’ve been wondering how they are treated in a 401k that has a mix of pre-tax and Roth contributions, a Roth IRA, and an HSA which may or may not be used for medical expenses. I realized when filing my 2023 taxes in CT I could have claimed some ex…

Confirming my next steps after setting up tax advantaged accounts Currently 35 and I’ve recently dove into financial planning after neglecting it for quite some time. Since the start of my career I have been sitting on a large sum of vested RSUs, but decided to sell all of them with the intent of redistributing the money for more diverse investments. I followed the workflow and have done following: Maxed out …

Does it ever make sense to contribute to a brokerage account before tax advantaged accounts are maxed out? Title. I contribute 12% to retirement which will increase after I am done aggressively paying down student loans. I have several sinking funds such as house repairs, car repairs, etc. in cash and fully funded emergency fund. When does it make sense to contribute to a brokerage account? submitted by /u/KDsburner_account