Can y'all help me figure out which funds to put in my tax advantaged accounts and which to have in my brokerage account?
I have a: 401k (with Roth option) Roth IRA HSA Brokerage account
I own the following funds: VXUS VTI VWO VSIAX VIOV AVUV AVDV AVES AVUV AVLV AVIV
I've read that it can be good to hold foreign funds in taxable accounts because them you get the foreign income tax credit (essentially refunding you the taxes your investments paid to those foreign governments). You don't get this credit if they are held in tax advantaged accounts. OTOH, foreign investments typically pay much higher dividends than US and so in that respect it seems less tax efficient.
I just want to know which of these funds I should try to put in the tax advantaged accounts. I am in the 24% Federal tax bracket if that makes a difference and in a no income tax state.
Submitted March 18, 2024 at 11:35PM by studb33fpile https://ift.tt/iI5sna4
