16min chapter

Retire With Purpose - The Retirement Podcast cover image

473: Retirement Tax Planning: Exploring the Impact of a Republican Trifecta on Your Taxes and Bottom Line

Retire With Purpose - The Retirement Podcast

CHAPTER

Tax Reform Complexities and Retirement Implications

This chapter examines the evolving landscape of tax reforms, specifically the Tax Cuts and Jobs Act of 2017, and their impact on retirees. It discusses potential changes in tax legislation, the implications of reconciliation processes, and strategic planning for future tax increases. Additionally, the chapter highlights negotiation tactics in political settings and explores the significance of tax deductions and credits, particularly for families.

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