Annuities and life insurance can be used for tax-loss harvesting

This year, advisors are focusing on tax-loss harvesting to help clients escape the 3.8% surcharge on net investment income contained in the Patient Protection and Affordable Care Act. The strategy can be applied to annuities and life insurance via a 1035 exchange, said Jamie Hopkins of the American College of Financial Services. InsuranceNewsNet online (12/22)