According to Plan: Tax Loss Harvesting 101

In the latest episode of 'According To Plan', hosts Tom Farrell and Kate Fishbein dive deep into Tax Loss Harvesting - a powerful strategy for optimizing investment accounts.

Learn about opportunities and actions you can take now to lower your tax bill on non qualified investment accounts. 

Here is a snapshot of what was discussed:

 Tax Loss Harvesting 101

• The importance and benefits of harvesting losses in non-qualified investment accounts
• Unrealized vs. realized gains ; Long-term vs. short-term gains
• Tax-efficient strategies for smarter financial planning

 Wash Sale Rule

• Demystifying the complexities around the Wash Sale Rule

 Planning for the Future

• The benefits of loss carryforwards for future tax years

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