We think about the tax implications of everything we do for clients. In other words, we believe tax management is a continual and proactive process, not a task for a few weeks in March and April each year.
It starts with the investment portfolio, where tax planning is integrated through strategies such as asset location, tax-loss harvesting and the use of tax-efficient investment vehicles.
For many clients, this extends well beyond the investment portfolio into strategic retirement income distribution planning.
This integration can be particularly valuable for clients between the ages of 59½ and 70½ who may be able to strategically withdraw assets from taxable, tax-deferred and tax-advantaged investment accounts.