Personal Investments • tax loss harvesting for my mother

Finally is it even worth doing to save say $3,000 over three years on a million dollar account?

I would take a $3K tax offset anytime it was available, regardless of account size. More relevant than account size would be adjusted gross income (would include pensions, purchased annuities, SocSec, and portfolio draw including capital gains/losses from Taxable and RMDs from Trad Tax-Deferred), and how much of that income is taxable.

I think only those with very low income, and thus very low tax-brackets, would not bother with TLH or find ways to lower their annual tax bill through Tax-Efficient Fund Placement. High net worth / account balance might be a driver, but might not (esp. if you don't need the portfolio income to meet expenses, most of the portfolio is not Traditional so no forced RMDs, and one's intent is to leave most of it to heirs).

Statistics: Posted by bonesly — Mon Sep 08, 2025 11:21 am — Replies 3 — Views 560

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