AAG Wealth Management’s Post

Interested in tax-efficient stock market investments? Consider a Unit Trust ISA for your financial goals! With opportunities for medium to long-term growth and income, it's an excellent avenue to boost your wealth. Utilise Unit Trusts in tax planning strategies to optimise your tax allowances while securing a brighter financial future for yourself or your family. Discover more: https://bit.ly/3ViB0Ho #UnitTrusts #TaxPlanning #StockMarketInvestments

Investing in a Unit Trust ISA can be a great way to benefit from a stock market investment while avoiding Income or Capital Gains Tax. With the potential for medium to long term capital growth and income, they are often used as part of a tax-planning strategy. By combining Unit Trusts with a Trust, you can even invest on behalf of children or grandchildren. Remember to seek advice regarding the tax implications though. Learn more about Unit Trusts: https://bit.ly/4699AFO #FinancialAssets #WealthManagement #UnitTrusts

Investing in Unit Trusts can be a great way to benefit from stock market investments while enjoying tax advantages. These professionally managed portfolios offer the potential for capital growth and income over the medium to long term. By using Unit Trusts in conjunction with a Trust, you even have the opportunity to invest on behalf of your loved ones. However, it's important to seek advice regarding the tax implications involved. Learn more about Unit Trusts: https://bit.ly/4699AFO #FinancialAssets #WealthManagement #UnitTrusts

#NationalSavingsCertificate (NSC) is a government-backed scheme ideal for low-risk investors. StockGro #IndiaForFinancialLiteracy #BFFMovement #BeFinanciallyFreeMovement #BharatFinancialFreedomMovement #financialfreedom #financialindependence #financialliteracy

At HIGHLAND Financial Advisors, #taxefficiency is a cornerstone of our investment management strategy. We believe it's not just about what you make but what you keep. A key tactic we use is #taxlot identification in trading. This helps reduce realized #capitalgains, which are taxable when securities are sold. Each purchase creates a separate tax lot, allowing us to manage these lots to your benefit. We use various methods like #FIFO (First In, First Out), Average Cost, Specific Share, and #LIFO (Last In, First Out) for different securities. By choosing the optimal method, such as Specific Share, we can significantly lower your tax liability, ensuring you keep more of your investment returns.

The tax rules involved in selling mutual fund shares can be complex. If you sell appreciated fund shares that you’ve owned for more than one year, the profit will be a long-term capital gain. The top federal income tax rate will be 20% and you may also owe the 3.8% net investment income tax. One challenge is that certain mutual fund transactions are treated as sales even though they might not seem like it. For example, many funds provide check-writing privileges. Each time you write a check on your fund account, you’re selling shares. Another issue may arise in determining your basis for shares sold. Consult with your CPA.

Not all income is taxed the same. This is a great article to help with understanding how tax efficiency plays a key role in building wealth.

The tax rules involved in selling mutual fund shares can be complex. If you sell appreciated fund shares that you’ve owned for more than one year, the profit will be a long-term capital gain. The top federal income tax rate will be 20% and you may also owe the 3.8% net investment income tax. One challenge is that certain mutual fund transactions are treated as sales even though they might not seem like it. For example, many funds provide check-writing privileges. Each time you write a check on your fund account, you’re selling shares. Another issue may arise in determining your basis for shares sold. Consult with your CPA.

A good reminder for advisors for transparency and integrity if you don’t want to lose clients. As advisors it’s your duty to inform your client of all the implications of any particular investment you sell. In this case it cost the client dearly when he was paying fees that should have gave him the confidence that something like this should never have happened. Advisors, know what you’re selling. Consumers, know what you’re buying and ask questions if you don’t know!

#PersonalFinance | Various factors like fund types, capital gains, dividends, and holding periods affect mutual fund taxation, with equity and debt funds subject to distinct rules. . . . #MutualFunds | #Investments | #TaxRules Read: https://lnkd.in/gH3kC5u5