President Trump will have a great deal of influence over the retirement issues that America faces. Here's a few areas he will likely influence:
Social Security: There likely won’t be plans to cut or expand Social Security. You can expect this benefit to not waiver during the next 4 years of Trump’s term.
Financial Advice: A new rule enacted by the Obama administration requires that financial advisors (handling retirement accounts) act in the best interest of the client. There’s been word that Trump may dismantle this rule.
Automatic IRAs: Laws have passed in a few states designed to enroll workers in retirement savings plans. Trump’s administration will have the power to prevent this.
Even if you don't choose us to manage your accounts, please ask your advisor
if they are a fiduciary and how they make their money. The answer could surprise you.
HAVE A QUESTION? CALL OR EMAIL US TO SCHEDULE A FREE CONSULTATION.
