Technology-driven tax loss harvesting
ADVANCED TAX-SAVING STRATEGY What is Tax Loss Harvesting+?
Tax loss harvesting is the practice of selling a security that has experienced a loss. By realizing, or "harvesting" a loss, investors are able to offset taxes on both gains and income. The sold security is replaced by a similar one, ideally maintaining an optimal asset allocation and expected returns.
|Tax Loss Harvesting+||Traditional TLH|
|Automated algorithm that checks regularly|
|No extra trading costs to harvest losses|
|Every harvested dollar reinvested|
|No short-term capital gains tax|
|IRA harvest protection|
|Customer-realized losses protected|