All you need is something different in the taxable account compared to all the others. But if the brokerage account already has substantial cap gains, it might not be worthwhile to switch.I'm pretty conservative so even if it was questionable, I probably wouldn't do it. Since between the two of us we are actively investing in a brokerage account, two Roths, a solo 401k, 457 and 403b with similar index funds in each, I've decided that it would be too much of a hassle avoiding a wash sale for me personally to make it worthwhile.OP should read the wash sale law for himself to see if there is any exception for a 403b. The law is quite succinct and I think the OP will see that there are no account types that are exempt.
https://www.law.cornell.edu/uscode/text/26/1091
You could start with a new fund in taxable, like 500 Index or Large Cap Index if you want to stick with Vanguard mutual funds. If you are open to ETF’s, there are a lot more options from other fund families. You could keep your existing VTSAX and send the dividends to the settlement account and use that to buy the new fund.
It can make your portfolio more complicated, so it’s a personal decision to whether you view it as worthwhile.
Statistics: Posted by rkhusky — Tue Dec 26, 2023 3:51 pm — Replies 18 — Views 575