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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As we said yesterday, don't underestimate GOP self preservation re passing something-2018 election looms. ow.ly/pNlt30evPLI #taxreform
About 9 hours ago from TheWashingtonUpdate's Twitter via Hootsuite
Democrats struggle to find their message for 2018 & 2020 elections...more progressive or more centrist? ow.ly/Y1of30evPzp
Jeff appearing again tonight on CNBC's @bizrpt. Check you local PBS listings for times. #bannonout
Politics seen as biggest risk in driving market volatility per @EatonVance advisor survey. That is why we are here! ow.ly/TtlK30etYm2
About a day ago from TheWashingtonUpdate's Twitter via Hootsuite
Don't believe hype that biz leaders bailing on GOP agenda. Jeff on PBS Nightly Business Rpt @bizrpt Watch 2:59-6:04 ow.ly/mugP30etZlH