Did you know that President Biden made an announcement recently regarding individual tax proposals? Among these proposals was a provision which would mean an increase to 39.6% for the long-term capital gains tax rate. It is a big change and one worth considering as you evaluate your finances and financial future. For retirees and those looking to retire in the near future, changes in taxation can have substantial impacts on their financial prospects.
What Retirees and the Soon to Be Retired May Want to Know About Potential Changes to the Capital Gains Taxes
Taxes can have a big impact on the amount of funds you have for your Read more . . .