Tax-Efficient Investing: 3 Smart Strategies to Lower Your Tax Bill 14704o

Tyler Hafford and Hannah Tackett break down three powerful tax-efficient investing strategies—Roth conversions, tax-loss harvesting, and asset location—in this year-end planning episode of Dollars to Dreams. With relatable explanations and smart examples, they show how being intentional with your investments and types can reduce tax drag and boost long-term growth. Whether you're managing a dip in the market or planning for retirement, these strategies help you keep more of what you earn. You’ll learn:   Roth Conversions – When and why to consider converting traditional retirement dollars to Roth s for tax-free growth. Tax-Loss Harvesting – How realizing losses can help offset gains or income and reduce your current year’s tax bill. Asset Location – Optimizing where your investments live to limit tax exposure while maintaining the same overall portfolio. Takeaways: [03:05] – “Taxes are one of the biggest drags on investment performance.” – Why tax-efficient investing matters for long-term gains. [07:12] – Roth conversions explained – Ideal during low-income years, especially before RMDs or during early retirement. [13:40] – Tax-loss harvesting strategy – Offset gains or reduce income by realizing losses during dips, rebalancing, or year-end planning. [18:28] – Asset location insight – Place tax-inefficient investments (like bonds) in IRAs and tax-efficient ones (like index funds) in brokerage s. [21:45] – “Review asset location regularly.” – Keeping your portfolio efficient isn’t just a one-time setup—it’s an ongoing process. Got questions? We can answer them with clear, actionable strategies. us at PenobscotFA.com.   5u636x