A retirement portfolio is also a future tax-management system. Building across pre-tax, Roth and taxable accounts can provide choices around large purchases, healthcare, charitable giving and required distributions. Contribution limits and tax rules change, so review them from official sources and coordinate personalized decisions with a qualified tax professional.
Put it into practice
- Write down the decision before acting.
- Define the risk in dollars and time.
- Review the result and improve the process.
