Asset location is a strategy meant for long-term investors that is designed to help save taxes year after year. However, your clients will always have access to their funds. So while unplanned withdrawals are always an option, activity in a taxable account that results in sales (such as allocation changes or withdrawals) can cause additional taxes, as with any investment account.
Articles in this section
- Is TCP available for non-Betterment portfolios?
- Should my clients roll over before setting up their Tax-Coordinated Portfolio?
- Is there a downside to using a Tax-Coordinated Portfolio for my clients?
- Can my clients roll over into their Tax-Coordinated Portfolio after setting it up?
- Can my clients use a Tax-Coordinated Portfolio with their Betterment 401(k)?
- Can my clients use a Tax-Coordinated Portfolio with their Betterment joint account and/or Betterment trust?
- How will the Tax-Coordinated Portfolio affect my clients’ tax forms?
- How does Tax-Coordinated Portfolio affect my clients’ external accounts?
- How do my clients get the most out of their Tax-Coordinated Portfolio?
- What happens if my clients need to withdraw from one of their goals in a Tax-Coordinated Portfolio?