There’s no shortage of tax-sheltered investment accounts available to ordinary Americans looking to minimize their annual bill to the IRS.
Some of the most popular options include workplace 401(k) plans, Roth IRAs and even health savings accounts (HSAs). Depending on the account, you might benefit from upfront deductions, tax-deferred growth or even tax-free withdrawals.
But all three have one thing in common: limited contribution room and, in some cases, income-based eligibility restrictions. For investors who’ve maxed them out, the only option left is often a taxable brokerage account.
Here are five of the most tax-efficient investments available in 2025.
This post originally appeared at U.S. News & World Report.