Don’t Leave Tax Savings on the Table: How to Conduct a Midyear IRA Checkup

Consider getting your IRA in shape this summer instead of waiting for the calendar to flip to next year. A midyear checkup could help you optimize your retirement account to benefit from its tax advantages sooner than later. Morningstar's FundInvestor newsletter has highlighted investment ideas for folks who want to keep it simple, maximize tax advantages, or strive for capital appreciation. Morningstar's senior principal of ratings Russ Kinnel shares his favorite fund ideas for an IRA.

IRA Favorites for Your Retirement Saving Plan (morningstar.com/funds/ira-favorites-your-retir…)

On this episode:

00:00:00 Welcome

00:01:16 IRA basics and how Russ Kinnel invests in his IR

00:01:58 One-stop fund favorites for keeping it simple

00:03:45 Funds for maximizing tax advantages

00:06:38 Ideas to take the most advantage of tax-free compounding by focusing on capital appreciation

00:08:44 Could the funds also work in a Roth IRA?

Watch more from Morningstar:

What Investors Should Watch for in the Second Half of 2026 (morningstar.com/podcasts/investing-insights/wh…)

Dividend Investing: How to Find the Right Balance Between Income and Growth (morningstar.com/podcasts/investing-insights/di…)

Are Mutual Funds Becoming Obsolete? (morningstar.com/podcasts/investing-insights/ar…)

Follow Morningstar on social:

Facebook: facebook.com/MorningstarInc 

X: x.com/MorningstarInc

Instagram: instagram.com/morningstarinc 

LinkedIn: linkedin.com/company/morningstar

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.