With Tax Rates Expected to Rise with a President Obama Election Win, Investors Turning to Solo 401(k
A President Obama election win would mean an increase in the capital gains tax rate to 20 percent for higher earners, investors looking to use retirement funds to shelter income from higher tax rates Miami, FL (PRWEB) October 24, 2012 With the outcome of the presidential election Nov. 6 increasingly uncertain, a certainty is that a President Obama victory would surely mean an increase in the capital gain tax rate from 15% to 20% for high-income earners, according to Adam Bergman, tax attorney with the IRA Financial Group. Accordingly, many investors have begun looking for ways to maximize
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