How Tax Reform May Have Changed Your Life Insurance Needs

2018-02-27 06_30_24-Free stock photos of life insurance · PexelsIn considering how the new tax law affects your finances, the author of today’s article advises not to neglect its potential impact on your life insurance, noting that the “Tax Cuts and Jobs Act made significant changes that impact the use of life insurance as an estate protection vehicle and modified the tax ramifications of selling a life insurance policy on the secondary market as part of a life settlement.” For how the TCJA may have reduced the need for some individuals to have life insurance – and how it may make selling a life insurance policy on the secondary market more appealing – CLICK HERE.

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The Donald & Your Retirement: How The Trump Presidency May Impact Social Security, Financial Advice And More

2016-11-13 14_38_17-Morguefile free photographs for commercial useToday’s article notes that while, “as a candidate, Donald Trump barely mentioned America’s retirement crisis…As president, he will have enormous power over the issue, bolstered by Republican control of the U.S. Senate and House of Representatives.” So in what ways might the impending Trump presidency affect the retirements of Americans? The author looks at the impact his administration may have on Social Security, financial advice, automatic IRAs and 401(k)s. To read more – including how Trump’s proposed tax cuts might impact Social Security and what the fate of the fiduciary rule set forth by President Obama’s Department of Labor may be – CLICK HERE.

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