6 Ways to Prepare for How Tax Reform Will Impact Your Retirement

Start planning and taking actions now to minimize your tax bill for 2018 and beyond.

The reforms President Trump signed into law in December may be the broadest tax rewrite enacted in decades, but the changes are subtle when it comes to your retirement savings. The immediate impact varies from person to person: Some will benefit from lower rates, others will miss key deductions, and some will simply do whatever their TurboTax software tells them to do.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Mark Arola, Investment Adviser Representative
Principal, Arola Associates Financial and Insurance Agency

Mark Arola is an Investment Adviser and principal of Arola Associates Financial & Insurance Agency. He has been helping clients prepare for retirement since 2002.