Dealing With Year-End Fund Distributions

Remember that time when you or your accountant filed your tax return and you were hit with an unexpected tax bill? It's not fun seeing that extra cash you had put away to go on vacation suddenly disappear. One of the causes of these unexpected tax bills could be from making changes to your investment portfolio at the end of the year.

As 2014 comes to an end, many people use this time to make changes to their investment portfolios. This is also the time of year that many mutual funds and exchange traded funds (ETFs) distribute capital gains. Buying or selling shares of a mutual fund or ETF in taxable accounts just prior to a year end distribution means you could be stuck with an unexpected tax bill and less money in your pocket. Here are a few strategies you can use to mitigate the impact of year end distributions. Click here to read the full article.

For questions about dealing with year-end fund distributions, please contact Jonathan Swartz by calling 770.396.2200.