Harvesting Season for Tax Savings

• Using investment losses to offset taxes on gains – a strategy known as tax-loss harvesting – can be an effective way for investors to potentially reduce their tax liability. By minimizing their investment-related tax obligations, investors may be able to improve their after-tax returns.
• Tax management is an important part of long-term financial planning. As we approach the closing months of 2018, investors may want to consider exploring year-end portfolio adjustments that could potentially enhance the after-tax returns of investments held in taxable accounts.

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