As investors prepare for changes that could be in store under the Biden administration and Congress, the potential for a new tax landscape may be the focus of conversations with investors. In fact, the American Families Plan proposes tax increases on ordinary income, capital gains and dividends, and transferred wealth.
Given the possibility of higher taxes in the future, investors may consider reviewing their existing financial plans now to make sure they are taking advantage of tax-efficient strategies under the current tax rules.
In a recent webcast series, hosted by Cathy Saunders, Head of Public Policy & Advocacy, Putnam Investments, Bill Cass, Director, Wealth Management Programs, Putnam Investments, and Paul Drury, CFA, Portfolio Manager, Tax Exempt Fixed Income Group, Putnam Investments, discuss their outlook for taxes, tax-planning ideas, and the municipal bond market.
Financial professionals (login required) may access the webcasts below.
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.