A strong market can create a new problem. A single stock or ETF grows to represent a large portion of your net worth. Now you face a difficult tradeoff: diversify and trigger a large tax bill, or hold the position and accept concentrated risk.
In this episode, Tyler Emrick, CFP®, CFA®, walks through practical strategies for managing concentrated stock positions in a tax-efficient way.
You will learn:
- How a Section 351 exchange into an ETF can provide diversification while deferring capital gains
- How tax-aware long-short strategies can help create ongoing tax offsets while gradually reducing a concentrated position
- When Net Unrealized Appreciation may apply to company stock inside a 401k
- How donor-advised funds and charitable planning can reduce capital gains on appreciated shares
Have questions?
Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals.
Our website: https://www.truewealthdesign.com/
Phone: 855.TWD.PLAN
Contact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/
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Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1
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