@article {Charron31, author = {Terry Sylvester Charron}, title = {Tax-Efficient Investing for Tax-Deferred and Taxable Accounts}, volume = {2}, number = {2}, pages = {31--37}, year = {1999}, doi = {10.3905/jwm.1999.320356}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Conceding that a great deal has been written about which asset classes are best held in a taxable compared to a tax-deferred account, the author looks at investors who have taxable and tax-deferred accounts of varying size, varying investment horizons, income tax brackets that are less than 39.6\% or will decline below 39.6\% upon retirement, complex asset allocation strategies using five asset classes, and investors who can hold their asset until death, getting the step-up in cost benefit. Starting with the ultimate goal to recommend asset allocation strategies that maximize after-tax returns, the article proposes a rule of thumb for allocating a variety of asset classes between the tax deferred and taxable portfolios. It concludes with a number of tables that offer a quick means to calculate tax liability without the benefit of a computer model and illustrate the asset allocation strategies discussed within the article.}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/2/2/31}, eprint = {https://jwm.pm-research.com/content/2/2/31.full.pdf}, journal = {The Journal of Wealth Management} }