Is Tax Protection right for me?

Wanting to lower you taxes is pretty universal, but everyone's tax circumstances are unique. You can choose to turn on one, none, or all three of the Tax Protection features depending on your current financial situation. Below are some considerations as you make your decision:

WiseHarvesting requires that you have a taxable investment account open on WiseBanyan (so any account other than an IRA). To maximize WiseHarvesting's potential to harvest investment losses, we also recommend updating your auto-deposit frequency to weekly to generate more tax lots.

Selective Trading is designed for clients who are at risk of wash sales by trading the same ETFs in outside investment account(s) as those traded in their WiseBanyan portfolio(s).

IRA Conversions are for clients who wish to contribute to a Roth IRA for the calendar year, but aren't eligible due to IRS restrictions. You can learn more about Roth IRA eligibility here.

As you decide whether this package is for you remember to consult the overview, eligibility, and pricing tabs. It's also best to consult a tax professional before turning on any of the features.

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