Menu

Updated

What is Daily Tax-Loss Harvesting? How is it different from Tax-Loss Harvesting in general?

Daily Tax-Loss Harvesting is a service offered by Wealthfront that allows us to check your account for Tax-Loss Harvesting opportunities on a daily basis.

Tax-Loss Harvesting as traditionally practiced and as offered by non-software-based financial advisors typically only checks your account for Tax-Loss Harvesting opportunities once a year.

That means traditional Tax-Loss Harvesting misses many opportunities to harvest tax-losses and generate additional performance.

For a detailed explanation of this strategy and actual results, take a look at the Wealthfront Tax-Loss Harvesting Whitepaper.

Was this article helpful?