Under President Biden’s “Billionaire Minimum Income Tax” proposal, individuals with a net worth of more than $100 million would at death be paying what amounts to a double tax on capital gains, according to Scott. Read the full article at ThinkAdvisor to understand what this means and, more importantly, whether or not Scott believes this will become law.
After a long, cold winter, many of us — from the young and to the more mature — are ready to make plans for spring break. Here are a few important reminders, whether you plan to travel to take advantage of warmer weather by traveling or enjoy your spring break at home.
It is important to remember upcoming April deadlines for retirement contributions and required minimum distributions (RMDs), but there have also been some recent developments that may impact your retirement planning.