I am in the process of starting my taxable account after funding my backdoor Roth IRAs for this year. I have been doing a lot of reading about tax efficient assets to place in the taxable portfolio (US Total Market Index, International Index, Muni Bonds, Vanguard Tax exempt funds). I hope to start tax loss harvesting in the future but I am concerned with creating a wash sale with my existing assets in my 403b, government 457, and Roth IRA. I initially considered Wealthfront or Betterment but they mostly use Vanguard funds. My list of funds owned is below.
457/403b
Fid Large Cap Value Index
Fid Extended Market Index
Fid Sm Cap Index
Fid Large Cap Growth Index
Vg Total Market Bond Index
VG Emerging Markets Index
VG Reit Index
VG TIPS Index
VG Total International Stock Index
Roth IRA
VG Target Retirement 2050 (Until enough $$ to slice/dice)
Given my current asset holdings, what ETFs would be reasonable to hold in order to keep the portfolio simple and relatively tax efficient? I was planning on opening the taxable account at Vanguard given my excellent experience with them so far. I think a roboadvisor with automated TLH (Betterment) may make the situation more complex by creating numerous small tax lots. I am concerned that these programs do not account for your outside holdings and can generate a wash sale. Any thoughts on the best way to proceed with a taxable account with these current tax-deferred/tax-free holdings?
457/403b
Fid Large Cap Value Index
Fid Extended Market Index
Fid Sm Cap Index
Fid Large Cap Growth Index
Vg Total Market Bond Index
VG Emerging Markets Index
VG Reit Index
VG TIPS Index
VG Total International Stock Index
Roth IRA
VG Target Retirement 2050 (Until enough $$ to slice/dice)
Given my current asset holdings, what ETFs would be reasonable to hold in order to keep the portfolio simple and relatively tax efficient? I was planning on opening the taxable account at Vanguard given my excellent experience with them so far. I think a roboadvisor with automated TLH (Betterment) may make the situation more complex by creating numerous small tax lots. I am concerned that these programs do not account for your outside holdings and can generate a wash sale. Any thoughts on the best way to proceed with a taxable account with these current tax-deferred/tax-free holdings?
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