Tax Smart Investing

Want to see your investments grow without the tax bite? Here are some legally savvy moves for you to consider. … Imagine you’ve just made a killer investment. Feels great, right? But here comes the taxman, ready to take a big chunk of your gains. … So, how do you keep more of that hard-earned cash? First up, consider tax-deferred vehicles like IRAs, 4o1(k)s and annuities. With these, you pay taxes only when you pull the money out, not while it's growing. Next, think about real estate and cash value life insurance. They might sound daunting, but they're just assets you can borrow against while they are still growing and not pay taxes on because you haven't sold it. And don’t forget about municipal bonds. The interest you earn? Often tax-free. That’s right, completely free from federal, and sometimes state and local taxes. So before you make your next investment, take a minute to think about how it’s structured. Remember, it’s not just about what you earn, it’s about what you keep! @dollarstretchclub