If you're an expat American investing in one of Vanguard's Target Retirement funds, you'll likely receive an unexpected tax bill this year. I blame Vanguard for this. For a full explanation, and a complete perspective, I wrote about it here:

Click below to read the rest of my AssetBuilder article.

Vanguard’s Target Retirement Fund Tax Disaster: Who Did It Hurt The Most?
Vanguard made a decision that cost my friend, Patrick, $7000 in extra taxes. That same decision cost another one of my former colleagues an extra $15,000 in taxes.