As an investor, you will have access to accounts that are taxed differently from one another. And it’s possible you could benefit from tax diversification by owning accounts in these three categories:

Tax-deferred – Tax-deferred accounts include the traditional IRA and a 401(k) or similar employer-sponsored retirement plan. When you invest in tax-deferred vehicles, your money can grow faster than if it were placed in an account on which you paid taxes every year. You also may get a t...