No. of Recommendations: 1
However, if there is something I can do to minimize that tax impact, I will do it if the action does not result in costing us in other ways.

There might be a small amount to be gained by watching where you hold various investments. I wrote this a while back, talking about what assets to hold in which account.

The gist of it is to keep your ordinary income assets (fixed income, bonds, short term stock plays) in your traditional IRA since that income is going to be taxed at ordinary rates anyway. Put your long-term stocks and your dividend generating stocks in ordinary accounts to take advantage of the lower tax rates on that kind of income.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.