Betterment Adds Trust, Tax-loss Harvesting Products
By Joyce Hanson
The tax-loss harvesting product, which launched on Thursday,scans the portfolio daily for losses to harvest, said product manager Boris Khentov, a tax lawyer who was closely involved in the launch.
”We’re helping people squeeze tax efficiencies out of their index fund portfolios,” Mr. Khentov said. “We’ve built the platform to tax-optimize every transaction.”