Tune in on May 2, 2024, at 6 pm CT for our next livestream where we’ll unravel the complexities of impending policy changes and their impact on your retirement. With a predominantly interactive Q&A format, we’re going to address viewer’s common pressing concerns such as the potential for Social Security Cuts in 2033, and answer questions like, When do Trump Tax Cuts expire? Come join us for a deep dive into these critical topics and equip you with the knowledge needed to safeguard your retirement income amidst uncertain times.

Download the free Social Security Report here:

Do you have a retirement plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at (877) 404-0177 or Click HERE:

Meet the Panel:
+ Troy Sharpe CFP®, CPWA®, CTS®, Founder and CEO of Oak Harvest.
+ Ed Rossi CFP®, CTS™, CPWA®, AAMS®, CRPC®, NSSA®, CES™, CMFC®, Lead Advisor. Ed Rossi brings over 30 years of financial services experience to Oak Harvest.
+ Nicole M Riney CFP®, Senior Planner. Nicole has over 10 years of experience in government pensions and retirement planning.

Get the answers you need to help protect your wealth. These live events are designed to connect with our viewers and understand the concerns affecting retirees today. Our goal is to help you tune out the noise and focus on what really matters. Gain insights from a Financial Advisor, Troy Sharpe, CFP, CPWA, Founder and CEO of Oak Harvest Financial Group with special guest appearances.

This content expresses the general views of Oak Harvest Financial Group and is for educational purposes only. It should not be considered an offer or solicitation to buy or sell securities, nor is it personalized investment, tax, or legal advice. Investing involves the risk of loss and past performance is never a guarantee of future returns. The strategies discussed may not be right for you, and your personal circumstances should be considered carefully before the adoption of any investment or tax strategy. Indexes such as the S&P 500 are not available for direct investment. Client portfolios are based on individual situations, objectives, and risk, and actions and ideas discussed will not apply to all client portfolios. Hypothetical scenarios do not reflect actual results and do not guarantee future results. Terms such as “Guaranteed,” “safety,” and “principal protection” refer to insurance products and are dependent on the financial strength and claims-paying ability of the issuing insurance company. Investment Advisory services provided through Oak Harvest Investment Services, LLC. Insurance services provided through Oak Harvest Insurance Services, LLC. Oak Harvest Financial Group is not affiliated with any government agency *****…(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

As we approach a new year, many Americans are wondering about the fate of their retirement income, particularly in light of potential changes to social security and the recent tax cuts enacted by the Trump administration. With uncertainty looming, it’s important for individuals to understand how these factors could impact their financial future.

Social Security has long been a critical source of income for retirees, providing a safety net for millions of Americans. However, the program is facing significant challenges as the population ages and the number of retirees continues to grow. With the Social Security trust fund projected to run out by 2034, there is growing concern about the long-term sustainability of the program.

In light of these challenges, there have been proposals to reform Social Security, including raising the retirement age, reducing benefits, or increasing payroll taxes. While no specific changes have been enacted yet, it’s possible that some adjustments may be made in the future to ensure the program remains solvent.

In addition to potential changes to Social Security, the recent tax cuts enacted by the Trump administration could also impact retirees’ income. While the tax cuts were designed to stimulate economic growth, some critics argue that they disproportionately benefit the wealthy and could lead to higher deficits in the long run.

For retirees, the tax cuts could have both positive and negative consequences. On one hand, lower tax rates could result in higher take-home pay for retirees, allowing them to keep more of their income. However, the cuts could also lead to reduced government revenue, potentially making it more difficult to fund programs like Social Security in the future.

In light of these potential changes, it’s important for individuals to carefully consider their retirement income strategy. This may include saving more aggressively, exploring alternative sources of income, or working with a financial advisor to create a comprehensive retirement plan.

Ultimately, the fate of Social Security, the impact of the Trump tax cuts, and other potential changes to retirement income are all important factors to consider as individuals plan for their financial future. By staying informed and proactive, individuals can better position themselves to weather any changes that may come their way.