Tax-loss harvesting, or "tax selling," is a technique used to lower your taxes while maintaining the expected risk and return profile of your portfolio. It harvests previously unrecognized investment losses to offset taxes due on your other gains and income. You can reinvest these tax savings to significantly grow the value of your portfolio.
Committed to democratizing access to sophisticated investment advice, Wealthfront developed software to make tax-loss harvesting, traditionally only available to accounts in excess of $10 million, available to taxable accounts with at least $100K.
Learn more about Wealthfront's tax-loss harvesting service: wealthfront.com/tax-loss-harvesting/