Tax Sensitive Investing - Invest For My Situation - Fidelity

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			Select a tab that best describes your investment needs: Investing for Retirement Retirement Income Tax–sensitive Investing Learn more about: Managed Account Basics Fidelity Personalized Portfolios The potential tax implications of investment decisions can be difficult to understand. Our pros use their experience and knowledge to seek enhanced after–tax returns with tax–sensitive investment strategies* like: Seek long-term unrealized gain — Defers realization of short-term gains in favor of long-term gains, as appropriate. Harvesting tax losses — Potentially allowing you to offset other realized capital gains by selling funds or securities at a loss and immediately investing in similar or different positions, as appropriate. These trades may have no transaction costs and may create a valuable tax benefit. Seek to manage exposure to fund distributions — Managing your holdings’ exposure to fund distributions by weighing the consequences of selling a security versus taking a tax hit by receiving the distribution. Investing in municipal funds — Using state–specific and national municipal mutual funds to help generate income potentially exempt from federal, state, and/or local income taxes. Fidelity Personalized Portfolios can help you keep more of what you earn. *Fidelity^® Personalized Portfolios applies tax-sensitive investment management techniques (including tax-loss harvesting) on a limited basis, at its discretion, primarily with respect to determining when assets in a client's account should be bought or sold. As a discretionary investment management service, any assets contributed to an investor's account that the personalized portfolio does not elect to retain may be sold at any time after contribution. An investor may have a gain or loss when assets are sold. Municipal fund interest dividends may be subject to federal, state, and/or local income taxes as well as alternative minimum taxes depending on the types of bonds held, their issuers, and the state where you reside. Capital gain distributions from municipal funds are taxable. Keep in mind, investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.			Call 1-800-544-1766 Have a Rep Call You Visit an Investor Center