Announcement

Collapse
No announcement yet.

Cash needs in tax advantaged?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Cash needs in tax advantaged?

    Saw a reference to this strategy on Bogleheads:

    https://www.bogleheads.org/wiki/Placing_cash_needs_in_a_tax-advantaged_account

    Saw posters using this to pay off credit card bills while having no money in checking.  Tax efficiency comes from qualified dividend treatment better than interest rate treatment (and a higher %).  If the lots sold are at a gain, previous TLH carryforward is used to offset gains taxes.  If sold at a loss you TLH.

    Anyone do this with success?  Thoughts?
Working...
X