Tax rates are likely to rise at year end as Washington considers whether to permit some or all of the Bush tax cuts to expire. On the other hand, tax reform efforts in 2013 could reduce rates. Fluctuating tax rates provide an interesting arbitrage opportunity for Roth IRA conversions in 2012. Investors who expect to remain in the same tax bracket in retirement might wish to convert their IRA to a Roth IRA this year, so that they can receive future earnings tax-free. If tax rates then fall next year, they can act before October 2013 to re-convert . . .
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At the risk of getting ahead of ourselves, @WSJ article discusses GOP healthcare vote & 2018 midterm election impact ow.ly/Jm7l30cTtsf
Yesterday from TheWashingtonUpdate's Twitter via Hootsuite
GOP debating merits of working w/Dem on budget deal. Need 60 Senate votes unless use CR! CR bad 2018 politics 4 GOP. ow.ly/kdnN30cQ7C2
About 4 days ago from TheWashingtonUpdate's Twitter via Hootsuite
Advisors report increased client anxiety re domestic politics. We offer solutions & guidance! ow.ly/CjzR30cQwZv @hartfordfunds
Healthcare bill: ow.ly/zm5z30cQ6Mi
Who will decide fate: ow.ly/NDbH30cQ6Wl
McConnell playing long game? ow.ly/yZ3L30cQ70f
GOP House & Senate plan comparisons side by side with ACA:
Importantly, can it pass Senate? ow.ly/GOg030cOBPV
About 5 days ago from TheWashingtonUpdate's Twitter via Hootsuite