Posted on February 13, 2017 - 05:04 AM
by Kimberly Wax
With legislative changes on the docket, IRA tax strategies may not be as straightforward when it comes to your 2016 tax bill. There are two primary actions you could take before April 18,2017, to boost your retirement savings while lowering your 2016 tax bill:
- Open a Roth IRA
- Invest in a traditional IRA
But with tax cuts in discussion, the decision-making process may be more complicated. Here are key questions to consider before meeting with your financial advisor and tax planner. Check out the link below:
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