Smart tax strategies can help you keep more of your money and optimize how much you save for financial goals. This video explains a specific approach called tax diversification.
You can work with your advisor to create a diversification strategy that works best for your specific circumstances. This may mean diversifying among one, two, or all three tax categories of assets: tax-deferred, tax-free and taxable. Research has shown that by diversifying tax treatments — and developing a tax-efficient withdrawal strategy when you need your investments for retirement income — your assets could last up to three years longer in retirement.1
Watch the video now to learn about tax diversification and how it can help you take more control of your financial picture. Your Ameriprise advisor is here to help you and can partner with your tax professional.