As someone who is maxing 401k, Roth IRA and HSA every year, I'm now starting to face the dilemma of how to properly allocate my money between taxable and non taxable accounts.
Recently changed the employers and my current one allows to buy SP500 proxi funds in my 401k, so I went ahead and changed all the allocations to just it.
I'm 29 y.o. and strive to have 50% in sp500, 25% in dividends with Drips (50/50 split between SCHD and O at the moment) and the other 25% in stocks with some good growth potential.
S&p500 goes to 401k, all of dividend stocks/ETF to Roth IRA and HSA, and the high growth stock go in regular taxable account at the moment.
For 2023, should I try to move some of the growth stock into Roth IRa/Hsa while moving some of thr SCHD/O into taxable or just leave it as it is?
How do you usually approach your taxable/non-taxable accounts. What goes where?
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