In this video, I explain the impact of the new Trump bill on retirement planning, taxes, and healthcare. I offer planning tips for viewers to prepare for the future and discuss what this could mean for your retirement. Stay informed with this latest news.
1:03 Major changes of Trump's tax bill
1:51 Who benefits from the tax bill?
2:26 Social Security tax deduction
5:06 Taxation of tips
5:30 Healthcare concerns with $1 trillion in cuts to Medicaid
7:18 SALT Increase
8:40 Estate tax changes
9:20 Clean energy tax benefits and electric vehicle credits
9:45 Tax planning opportunities for retirement
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Disclaimer: This video is for educational purposes only. It is not specific tax, investment, or legal advice. Please consult your tax, financial, and legal professionals before making decisions. The information in the video is believed to be accurate, but neither Elliott Appel or Kindness Financial Planning LLC make any representations as to its accuracy or completeness. Full disclaimer:
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By: Elliott Appel, CFP®
Title: How Will Trump’s Tax Bill Change Your Retirement?
Sourced From: www.youtube.com/watch?v=HQJ8mDKnW84
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