Your retirement plans and accounts may remain under threat as our government requires more and more revenue. I am just going to list a few of the threats. I suggest you read the article so you can learn the details, why changes are being considered, and what the implications will be. We have developed strategies to deal with each of these.
- End back door Roth IRAs
- Require Annual Payouts From Roth IRAs
- Limit the Value of Deductions for Traditional IRAs and 401(k)s
- Cap the Size of Tax Favored Retirement Plans
See more in the Wall Street Journal’s article, The Next Retirement Tax Breaks on the Chopping Block
If you’re unable to retrieve this article let us know and we’ll send you a copy.
Our purpose is your 2nd Half success. We’re focused on your retirement. We’ll be ready to respond to whatever Uncle Sam may throw at us.
