Investment Analysis

Tax-Efficient Rebalancing

Rebalancing strategies that minimize capital gains taxes by using smart trade sequencing.

Also known as: tax-efficient rebalance, tax-smart rebalancing

What You Need to Know

Tax-efficient rebalancing preserves your after-tax returns by keeping taxable sales and realized gains as low as possible.

Tactics:

  • Add new contributions to underweight allocations instead of selling winners
  • Rebalance inside tax-advantaged accounts (401(k), IRA) before taxable accounts
  • Harvest losses in taxable accounts to offset necessary gains
  • Use distributions, dividends, and interest to buy underweight assets
  • Donate or gift highly appreciated shares instead of selling them

When Selling Is Unavoidable: Prioritize long-term gains, offset with harvested losses, and spread trades across tax years to stay in lower brackets.

Sources & References

This information is sourced from authoritative government and academic institutions:

  • investor.gov

    https://www.investor.gov/introduction-investing/investing-basics/glossary/rebalancing