In this episode, we explore the potential impact of recent political developments on retirement planning and market trends over the next four years. With Dave on vacation, Cole Williams, our associate advisor, steps in to discuss the implications of the presidential election and the upcoming sunset of the Tax Cuts and Jobs Act. We also touch on tariffs and their potential economic ramifications.

https://youtu.be/GGUpKS18eOs

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• The role of the election in determining tax policies.
  
• Analysis of the Tax Cuts and Jobs Act, set to sunset in 2026.
  
• Examination of political gridlock and its implications for tax legislation.
  

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• Explanation of the $10,000 SALT cap and its effects on taxpayers.
  
• Discussion of the Alternative Minimum Tax (AMT) and its relevance.
  
• The implications of the higher standard deduction introduced in 2017.
  

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• Positive market response following the election results.
  
• Discussion on corporate tax rates and the Qualified Business Income (QBI) deduction for small businesses.
  

We encourage our listeners to contact us if they wish to explore the political aspects discussed further. If you have any questions about your retirement planning or investments, please contact Shotwell Rutter Baer.

Call us at 517-321-4832 for financial and retirement investing advice.

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Call us at 517-321-4832 for financial and retirement investing advice.