House Ways and Means Committee released its tax proposals totaling about $2 trillion in tax increases.
For high school freshmen with college as a long-term goal, the high school years are a critical time to focus more on preparing for college.
Students may want to consider using a Roth IRA to save some of their summer earnings.
Investors may want to consider certain strategies to hedge against the risk of higher taxes, including using a Roth IRA conversion.
Some tax proposals introduced by the Democratic presidential campaign may cause changes to retirement savings accounts.
With the possibility of future higher tax rates, investors may want to consider strategies that can be implemented now such as a Roth IRA conversion.