Are there any tax advantages to investing in Ave Maria Mutual Funds?
Yes, there are tax advantages to investing in Ave Maria Mutual Funds. One major advantage is that these funds are designed for socially responsible investors, which means they avoid companies involved in industries such as contraception, abortion, and pornography. This aligns with the values of many investors and may lead to avoiding investments in companies that could potentially experience negative tax consequences. Additionally, Ave Maria Mutual Funds are available as tax-exempt funds, meaning that investors may be able to achieve tax-free income if they invest in these funds through specific types of accounts such as individual retirement accounts (IRAs) or health savings accounts (HSAs). Tax advantages can vary based on individual circumstances, so it is advisable to consult a tax advisor for specific information.
Answered Nov 2, 2023
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