Securities kept in a tax-advantaged account receive different tax treatments, depending on the account type. Tax-advantaged accounts, which can be investments, financial accounts, or savings plans, offer tax benefits such as being tax-free or tax-deferred. Examples include municipal bonds, 401(k) or 403(b) accounts, 529 plans, and certain partnerships. Typically, securities in tax-advantaged accounts aren't taxed on capital gains, dividends, or interest until they're withdrawn from the account. This setup allows investors to delay paying taxes on their investment gains until they retire or decide to take out the funds.