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Opinion: What Trump’s tax plan means for your retirement

Source: marketwatch.com/story/breaking-down-trumps-tax-reform-for-the-retirement-investor-2017-04-26 - Apr 27, 2017

As the 100-day mark bears down the Trump administration is moving fast to nail down what it has billed as the “biggest tax cut in history.”

We’ll let the historians sort that one out. Also, it remains unclear how much, if any, of the plan will become law and whether that will be this year or next year or ever.

Yet we do have at least some real numbers and those numbers would mark a significant change in the tax rates Americans pay. They also will affect how we all save and invest for retirement.

Let’s break it down.

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Category: General Business