Take control of taxes

Tax-loss harvesting is the timely selling of securities at a loss to offset the amount of capital gains tax owed from selling profitable assets.

¹Orion’s Research initiative maintained a +/- 2.9% margin of error among consumer investors across generations and a +/- 3.8% error rate among financial advisors. A mixed methodology was applied that included a base of more than 2000 constituents in the online surveys and dozens of in-depth interviews on the topic.

²The Cerulli Report -- U.S. Managed Accounts October 2021

Information provided by SEI Investments Management Corporation, a wholly owned subsidiary of SEI Investments Company (SEI). Investment services provided by SEI Investments Management Corporation (SIMC), a wholly owned subsidiary of SEI.

There are risks involved with investing, including loss of principal.

Neither SEI nor its subsidiaries provide tax advice. Please note that (i) any discussion of U.S. tax matters contained in this communication cannot be used by you for the purpose of avoiding tax penalties; (ii) this communication was written to support the promotion or marketing of the matters addressed herein; and (iii) you should seek advice based on your particular circumstances from an independent tax advisor.

SIMC does not represent in any manner that the tax consequences described as part of its tax-management techniques and strategies will be achieved or that any of SIMC's tax-management techniques, or any of its products and/or services, will result in any particular tax consequence. The tax consequences of the tax-management techniques, including those intended to harvest tax losses, and other strategies that SIMC may pursue are complex and uncertain and may be challenged by the IRS. Neither SIMC nor its affiliates provide tax advice.

Please note that (i) any discussion of U.S. tax matters contained in this communication cannot be used by you for the purpose of avoiding tax, penalties and/or interest which may be imposed by the IRS or any other taxing authority; (ii) this communication was written to support the promotion or marketing of the matters addressed herein; and (iii) you should seek advice based on your particular circumstances from an independent tax advisor. Accordingly, Clients should confer with their personal tax advisors regarding the tax consequences of investing with SIMC and engaging in the tax-management techniques described herein (including the described tax loss harvesting strategies) based on their particular circumstances. Clients and their personal tax advisors are responsible for how the transactions conducted in an account are reported to the IRS or any other taxing authority on the Client’s personal tax returns. SIMC assumes no responsibility for the tax consequences to any Client of any transaction.

Additional information regarding SEI tax management: Certain Strategies may use tax-management techniques such as minimizing portfolio turnover, selling securities with the least tax impact, opportunistically harvesting losses, and seeking to avoid wash sales. When harvesting losses from the sale of a holding, a Strategy may seek to avoid a wash sale while maintaining exposure to the desired asset class. A Strategy may do so through the purchase of a fund offered by other fund families (Secondary Fund). Upon expiration of the wash sale period, the Secondary Fund will be sold, which may result in a short-term capital gain and the original fund will be repurchased.

Please check with your Firm or Firm's Home Office before implementing any suggestions contained herein.

Your financial advisor is not affiliated with SEI or its subsidiaries.