You can do so by following the steps below:
- Log into Betterment on a web browser
- Select your "Retirement" goal
- Select the "Settings" tab
- Click "Edit tax-coordination"
- Choose the option, "I no longer want a Tax-Coordinated Portfolio," and then click the "Get Started" button.
- Follow the prompts to complete the process.
Note: Requesting tax-coordination to be disabled does not automatically disable TCP right away. The request is sent to the Customer Support team that processes those requests, who will reach out to you about your request and provide more context as to how the disable and subsequent rebalancing in the remaining accounts could work, as well as information regarding potential tax implications. At this point, you may request to disable tax-coordination with rebalancing turned off in the taxable account to minimize taxable rebalancing in the process. You will need to respond to the Customer Support outreach to complete the process of disabling tax coordination.
Betterment is not responsible for tax consequences, missed market opportunities, or other costs that may arise from disabling Tax Coordination.
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