with PNC Investments
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Coordinating investment strategies across different account types may improve investor outcomes.
The type of account that holds your investments can make a big difference when it comes to maximizing your after-tax returns – taxable vs. tax-deferred accounts.
If you have money in both taxable and tax-deferred accounts, then an asset location strategy may be right for you when it comes to optimizing your after-tax investment performance.
For example, some investments may be more suitable for a taxable account like low turnover funds (ETFs and mutual funds), growth stocks that reinvest dividends rather than pay them out to the investor and municipal bonds that pay out tax-free interest income. These types of investments generally experience low tax consequences and may be best positioned in a taxable account.
On the other hand, some investments may be more suitable for tax-deferred accounts (IRA or Roth) like fully taxable bonds and bond funds, preferred stocks or higher turnover investment funds that create larger amounts of realized short-term gains.
At PNC Investments, we feature a program called Multi-Account Management that can help you determine how to allocate your overall investment portfolio across your taxable and tax-deferred accounts to help remain diversified and tax-efficient.
Markets & Economy
Where assets are invested matters more than one would realize. Learn more about the importance of asset location and how it can benefit your retirement plan.
7 min read
Working with PNC Investments
Neither PNC Investments nor your Financial Advisor provide tax advice. You should review your tax situation with your own independent tax professional to fully evaluate how you may benefit.
Your journey toward achieving your goals and improving your financial well-being is at your fingertips.
Learn more about how PNCI’s Tax-Managed Resources can help you achieve your long-term investment goals in a tax-efficient way!
No service or strategy described here, will prevent the realization of taxable gains from your investments. The services or strategies seek to minimize the current impact of taxes on your account but will not eliminate the eventual realization of imbedded gains from your account. Frequent withdrawals from your account will increase the likelihood of the realization of taxable gains from your account. Additional fees, commissions, or trading charges related to tax management services or strategy may apply. There is no assurance that the benefits of tax management services or strategies will exceed applicable fees, commissions, or trading charges in any given year.
This material is meant to educate and not to provide legal, tax, accounting or investment advice. PNC Investments and its affiliates and vendors do not provide legal, tax or accounting advice.
Important Investor Information:
Brokerage and insurance products are:
Not FDIC Insured. Not Bank Guaranteed. Not A Deposit. Not Insured By Any Federal Government Agency. May Lose Value
Securities products and brokerage services as well as managed account advisory services are offered by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and Member FINRA and SIPC. Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency (CA License #0B57695).
PNC Investments and PNC Insurance Services do not provide legal, tax, or accounting advice.
This document provides information on additional compensation that PNC Investments receives from certain mutual fund companies, 529 plan program managers and insurance companies.
This document serves as the Retirement Account Customer Agreement for PNC Investments.
This document serves as the Brokerage Account Customer Agreement for PNC Investments.
This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so.
PNC Investments does not guarantee the performance of any investment. Investing results may vary. Investments may lose money. Diversification and asset allocation may not prevent a loss of investment.
PNC Investments LLC, PNC Insurance Services, LLC and PNC Bank, National Association are each affiliated with The PNC Financial Services Group, Inc.
Bank deposit products and services provided by PNC Bank, National Association. Member FDIC.