Discussion of that law, which President Obama signed late Wednesday, has focused mostly on taxes, many of which will rise for the wealthiest 1% of Americans.
But while 99% of taxpayers have avoided the worst of the fiscal-cliff scenarios, it doesn’t mean they won’t still have work to do to adjust their portfolios and saving strategies to the new reality. The possibility of slower economic growth, reduced entitlement benefits and higher expenses remains a looming challenge for future retirees. ....
Discussion of that law, which President Obama signed late Wednesday, has focused mostly on taxes, many of which will rise for the wealthiest 1% of Americans.
ReplyDeleteBut while 99% of taxpayers have avoided the worst of the fiscal-cliff scenarios, it doesn’t mean they won’t still have work to do to adjust their portfolios and saving strategies to the new reality. The possibility of slower economic growth, reduced entitlement benefits and higher expenses remains a looming challenge for future retirees. ....