Limited time offer: Sign up today and get up to 1 year managed free. See details

Charitable Giving: A better way to give, coming November 28. Learn more

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.”

Read the Original Article

This article originally published June 20th, 2014 on Investment News.