Tax Center

 

Minimize your taxes through asset location

June 11, 2013
 
 

Vanguard leaders discuss where to invest your assets

It's not just how much you invest but where you invest it. Maria Bruno and Joel Dickson of Vanguard's Investment Strategy Group describe how a specific mix of funds layered in different accounts can help you create a tax-efficient portfolio.

Other excerpts from this webcast:

Notes:

  • All investments are subject to risk, including the possible loss of the money you invest.
  • For more information about Vanguard funds, visit Funds, Stocks & ETFs or call 877-662-7447, to obtain a prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.
  • When taking withdrawals from an IRA before age 59½, you may have to pay ordinary income tax plus a 10% federal penalty tax.
  • Although the income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares. For some investors, a portion of the fund's income may be subject to state and local taxes, as well as to the federal Alternative Minimum Tax.
  • We recommend that you consult a financial or tax advisor about your individual situation.