After aggressively paying off student loans in December, I have been able to divert some funds toward my taxable account with the hopes of tax loss harvesting in the future. As of now, the account only holds two Vanguard ETFs (VOO, VEU); however, my 403b contains many of the funds (Vanguard TSM, TISM, REIT, Total Bond Market, TIPS) that could be interpreted as tracking the same/similar indices and generate a wash sale. I have considered opening an account with fun money at Wealthfront or Betterment , but both also use assets that could conflict with my 403b (contributions are monthly, so there is no 30 day period where the similar fund is not purchased).
Is the effect of tax loss harvesting significant enough for a taxable account that I should convert the 403b funds to a target date fund? .
Is the effect of tax loss harvesting significant enough for a taxable account that I should convert the 403b funds to a target date fund? .
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