What are my tax implications if I change my investments or withdraw from my Origin Investment account?

Switching up your investment mix—like swapping out some stocks for bonds to play it safer— or withdrawals can have tax consequences.

When you sell stocks, you are turning an investment into cash, and if those stocks have gained value since you bought them, you will owe taxes on that profit. This is called a capital gain, and it's something that is reported to the IRS.

On the flip side, if your stocks lost value, it could be an opportunity to offset gains or reduce your overall tax bill. If you're unsure about the tax implications, chatting with a tax professional is a smart move to navigate the ins and outs of your specific situation.