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Weekend Reading For Financial Planners (January 4–5)

Nerd's Eye View

Also in industry news this week: A survey indicates that workplace retirement plan participants with financial advisors tend to save more than their non-advised counterparts and that a strong majority of participants overall are interested in receiving professional advice (with more than 3/4 of this group expressing willingness to pay for it) A look (..)

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Preparing for the TCJA Sunset: What Tax Advisors Need to Know

Harness Wealth

The Tax Cuts and Jobs Act (TCJA)the 2017 tax code overhaul designed to boost economic growthis set to expire on December 31, 2025. It will decrease to 60% in 2024, 40% in 2025, 20% in 2026, and will be fully eliminated after 2026 unless Congress acts. This can be particularly beneficial if the taxes can be paid from non-IRA funds.

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Preparing for the TCJA Sunset: What Tax Advisors Need to Know

Harness Wealth

The Tax Cuts and Jobs Act (TCJA)the 2017 tax code overhaul designed to boost economic growthis set to expire on December 31, 2025. It will decrease to 60% in 2024, 40% in 2025, 20% in 2026, and will be fully eliminated after 2026 unless Congress acts. This can be particularly beneficial if the taxes can be paid from non-IRA funds.

Taxes 52