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I have a 401(k) through Ascensus. I would like to do tax loss harvesting with an index fund I hold in my taxable account and I want to make sure there is no possible wash sale in my 401(k). Therefore, I need to ensure my dividends are not reinvested in a similar fund, because it tracks the same index.

On the Ascensus website my options are 'Manage Investments' and 'Manage Contributions'. Do I just need to change my contributions to exclude the fund I am worried about a wash sale with? Or will dividends be reinvested in the same fund regardless, and therefore I'd need to rebalance completely away from that fund to avoid the possibility of a wash sale?

Craig W
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1 Answers1

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Ask your funds manager. There may be a web form, or you may have to do it by phone, or by paper, or your particular 401k may not expose that kind of control.

But I really don't think the wash sale rule applies here.

keshlam
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