You can avoid paying surprise taxes by picking the best investment accounts. Here's how

However, if you don't have the three account options, there may be other opportunities for tax efficiency, May said.

, she suggested, which generally avoid federal levies and possibly state and local taxes on interest., or REITs, which must distribute 90% of taxable income to shareholders, said Mike Piper, a CPA at the firm in his name in St. Louis. Exchange-traded funds or index funds generally spit off less income than actively-managed mutual funds, which typically haveOf course, taxes aren't the only factor when deciding where to keep your assets. You'll also need to consider your goals and timeline.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen