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Insights & Ideas

Quick Tax Facts

Make sure you consult a tax advisor checklist everytime you make an investment decision. This checklist may also prove helpful:

  • Before buying or selling an investment, understand the tax implications
  • Manage your gains as well as your losses
  • When shopping for a fund, look at its portfolio turnover rate
  • Consider tax-managed funds, index funds, or funds that generally follow a buy-and-hold strategy
  • Be aware of a fund's annual distribution date
  • Talk to a tax advisor about tax loss selling
  • Take taxes into consideration when purchasing bond funds
  • Take advantage of tax-deferred investment vehicles
  • Pay attention to the type of investments you select for your tax-deferred and taxable accounts
  • Beware of the Alternative Minimum Tax (AMT)

This information is general in nature and is not intended to constitute tax advice. Please consult your tax advisor for more detailed information on tax issues and for advice on your specific situation.