Skip to Content
Investing Specialists

4 Strategies for Improving Your Portfolio Without Triggering Extra Taxes

Addressing portfolio problem spots often involves a tax bill; here's how to avoid paying extra and possibly even save.


The current rally in the equity market passed the 10-year mark in March. That’s wonderful news for portfolios: Average 401(k) and IRA balances at Fidelity Investments, for example, exceeded $100,000 as of the second quarter of 2019, and the number of “401(k) millionaires” also increased. 

But enlarged balances also owe a great deal to the stock market’s extended tear, meaning that some investors’ portfolios may be courting more risk than would be ideal.

To view this article, become a Morningstar Basic member.

Register for Free

Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.