The Government will ALWAYS have a plan for your money. Due to trillions of dollars of future unfunded liabilities, taxes will HAVE to increase. But did you know your taxes might have already doubled without you even realizing it?
We work with lots of clients who are well aware of the Government’s tax plans, and we help them protect their retirement from the future tax storm.
Have you given serious thought to what the government’s plan is with your retirement income? The best way to fight taxes is to have your own plan for your money. We would love to help you with this!
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Should have just called it the "Generational Theft Act" or the "Fuck Your Kids Act".
Do you know if the capital gains that accrue in the IRA (after you inherited it) are also taxed as regular income when you pull them out? Or do they get taxed as Capital gains?
The fox is in the chicken coop.
This is assuming no growth on the $1M. Likely the tax burden will be much worse. Great content