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Will Biden admin negatively affect IRA’s or Annuities money

Posted on 11/25/20 at 11:55 am
Posted by zuluboudreaux
God’s country USA
Member since Jan 2008
688 posts
Posted on 11/25/20 at 11:55 am
I’ve seen articles about 401k accounts where the tax savings is removed.
What about accounts for those that have retired that have been converted to IRA’s and annuities?
Posted by TheWiz
Third World, LA
Member since Aug 2007
11687 posts
Posted on 11/25/20 at 12:07 pm to
Maybe. Maybe not. Who could possibly know what will or will not happen?
Posted by cgrand
HAMMOND
Member since Oct 2009
38971 posts
Posted on 11/25/20 at 12:07 pm to
c’mon man
Posted by Shepherd88
Member since Dec 2013
4595 posts
Posted on 11/25/20 at 12:13 pm to
I doubt retirement vehicles will be messed with.

What I do see happening is the elimination of a stepped up cost basis at death in non-qualified account.
Posted by McLemore
Member since Dec 2003
31557 posts
Posted on 11/25/20 at 9:31 pm to
quote:

Biden admin


Who Dat?
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