Tax-efficient investing can minimize an individual's tax burden and maximize returns by strategically choosing the right accounts, assets, and timing., Here's how to use investments and accounts to create a strategy that can defer, manage, and reduce taxes., If tax efficiency is a priority for investors, then focusing on tax-free and tax-efficient investments that allow money to grow while avoiding or minimizing tax liability is a must., Explore tax-efficient investments with Vanguard. Discover strategies and options to reduce your tax burden while optimizing your investment returns., Investing is a powerful way to grow your savings over time. However, taxes on your investment gains hurt your returns. Fortunately, it’s possible to minimize the amount of taxes you’ll pay on your investment gains with the right strategy. Some investments are not subject to taxation, and investments in certain tax-advantaged retirement accounts like Roth IRAs are tax-free. If you have , Making tax-efficiency part of your investing strategy can help lower your tax bill. Learn more about tax drag and how to increase tax alpha in your portfolio..