Melissa Joy Gives her Perspective on Tax Strategies

 Don’t wait until November or December to start thinking of the best tax strategies for your investments warns Steve Nicastro for He offers 3 Tax-Sensitive Investment Strategies to Implement Now and includes The Center’s Melissa Joy’s strategy on asset location. 

Sometimes tax-deferred investments aren’t an option. If you need to generate living expense income, you might want to use income from a taxable brokerage account. In that case, Melissa says focusing on buying municipal bonds can be a good strategy. Municipal bonds are usually federally tax-exempt* and are also exempt from many local and state taxes.  

You can get exposure to bonds without a big tax hit by putting municipal bonds in your taxable account,” Melissa explains to

Other tax-sensitive strategies include increasing contributions to tax advantaged retirement accounts and selling a losing investment to offset the gains from your winners. To read more from, click here.

*May be subject to state, local, and alternative minimum tax.

This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Every investor's situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Investing involves risk and you may incur a profit or loss regardless of strategy selected. The forgoing is not a recommendation to buy or sell any individual security or any combination of securities. Be sure to contact a qualified professional regarding your particular situation before making any investment or withdrawal decision. Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. C14-032888