Stretch IRA May be Disappearing Soon
If Congress gets its way, you’re going to lose the opportunity to help your children build wealth, and at the same time, they could end up in higher tax brackets for years.
If Congress gets its way, you’re going to lose the opportunity to help your children build wealth, and at the same time, they could end up in higher tax brackets for years.
Both capital gains and other investment income, such as dividend income, are a source of profit and have potential tax consequences.