Want to create an interactive transcript for this episode?
Podcast: Navigating an Abundant Retirement with Carol Dewey
Episode: Taxes May Soon Rise - Here's What to Do
Description: Episode Summary:In this episode of Navigating Abundant Retirement Radio, Carol Dewey from Perpetual Wealth Financial dives into the implications of the Tax Cuts and Jobs Act of 2017 and its potential expiration at the end of 2025. Carol discusses the major tax changes introduced by the Act, including adjustments to tax brackets, the standard deduction, and estate tax exemptions. She also explores strategies for managing retirement withdrawals, including tax considerations and charitable donations from IRAs. Listeners are encouraged to consult with financial professionals to tailor strategies to their individual needs.Key Takeaways:The Tax Cuts...