Question about Tax Loss Harvesting and the Wash-Sale Rule. I want to transfer an IRA I have from Voya over to Betterment (because duh. ) and I'd like to do it while the market is low so that I can take advantage of Tax Loss Harvesting. I assume that this part works, as Voya will sell all of my shares, presumably at a loss, in order to get my balance transferred to Betterment. I could be wrong on that being a tax benefit though. Assuming that I'm right though, would I need to be concerned with where Betterment invests for me? According to the Wash-Sale rule, I cannot capitalize on Tax Loss Harvesting just to go back and buy the same shares within 30 days of having sold. My assumption is that Betterment will buy many of the same shares that I had with Voya, so, wouldn't I technically be breaking that rule? I can't see that being the case because how would anyone transfer an IRA during a recession if it were? Any thoughts?
https://www.moneyunder30.com/profit...n0D1w
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