With the current economic pressures, uncertainty around the trajectory of the pandemic, and the upcoming elections, some investors may be focusing on the tax landscape and the potential for higher tax rates. In this video, I discuss why tax rates may increase in the future for some investors and how planning ahead is important.
Some considerations for investors today might include:
• Pandemic spending
• Taxes may increase for some
• Consider Roth IRA
Watch the video.
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For informational purposes only. Not an investment recommendation.
This information is not meant as tax or legal advice. Please consult with the appropriate tax or legal professional regarding your particular circumstances before making any investment decisions. Putnam does not provide tax or legal advice.