I bought IEFA (iShares Core MSCI EAFE ETF) back in 2022 in our taxable account. I still was working and didn't have what I thought was a good ex-US option in my 401k. I'm happy with having held IEFA, but not happy that I'm holding some in my taxable account. I don't want more income being kicked off from my taxable account, but I also don't want to realize the $60k gain I have in that position at this time.I am in the 22% tax bracket in a tax free state with 128 k of vxus in a taxable. So I can assume my drag is .4% or less? I mean me selling that at 15% capital gains would a big tax hit versus .4% drag.
Just want to confirm. I guess I lose track of details like this in the big scheme of things.
We have been contributing funds to our grandkids 529s every year. Last year, we chose to gift shares of IEFA to my daughter and her husband with the request they liquidate those shares and contribute to the kids 529s. We gifted enough shares that, when sold, would cover the 529 contribution as well as cover their tax cost for the LTCGs incurred. We have also sent shares to our DAF as another way of reducing those positions.
There may be ways of reducing a position that doesn't fit your current needs/goals/desires without increasing income while at the same time achieving some of your financial goals.
Statistics: Posted by WeakOldGuy — Mon Jan 26, 2026 11:56 am — Replies 70 — Views 6356