Taxable or Tax-Sheltered Accounts: What Goes Where?
Taking care with asset placement can result in big tax savings.
Note: This article is part of Morningstar's November 2013 Investor Starter Kit special report. An earlier version of this article appeared February 26, 2013.
I'll confess: When it comes to matters of money and investing, there are a handful of topics that make my head hurt. One of them is asset location--essentially, the placement of investments in taxable or tax-sheltered accounts.