Tax Cuts and Jobs Act Impact on Retirement Savings and Benefits
The Tax Cuts and Jobs Act (TCJA) rolled out significant changes for American taxpayers and businesses for 2018. While only small adjustments were made in regard to retirement planning, they are still important to any individuals saving for their future.
What Changed?
Here are three of the main alterations within the TCJA:
Roth Conversion Recharacterizations:…