Preserving Your Retirement from Taxes - March 29, 2025

31/03/2025 55 min
Preserving Your Retirement from Taxes - March 29, 2025

Listen "Preserving Your Retirement from Taxes - March 29, 2025"

Episode Synopsis

In this episode of Watts on Wealth Radio show with Barry Watts, host Ralph Hipp and Barry discuss President Trump's tax agenda, particularly the potential renewal of the 2017 Tax Cuts and Jobs Act. Barry shares his insights on the importance of maintaining and possibly lowering current tax rates to avoid an increase in January 2026. The conversation spans various aspects of tax policy, including the implications for social security benefits, tips, and overtime pay. The show also touches on broader topics such as the inefficiencies of the government, the importance of reducing its size, and the necessity of overhauling the tax system. Barry concludes by discussing strategies for optimizing tax benefits, managing retirement accounts, and reducing potential tax burdens for clients.