We already have most of our Roth funds with Vanguard in the VTSMX so your recommendation makes sense to me. Now that I know I can just set things up to go into what Vanguard calls a 'general' mutual fund (vs. IRA or UMT)what should I expect regarding taxes? If I request the dividends to be reinvested do I still pay taxes on those reinvested dividends or is it deferred until we take the money out? Just thinking ahead for our taxes next year. We expect to invest for the long term, hopefully 20 properous years or so.
Not sure what a 'Tax-Managed Fund will do for me, I am unfamiliar with how they work. I would love to hear about its pros and cons.
Thanks, Gaia
PS - Can't wait for the % to be lifted on the TSP=)