72 • RU BY, WILD ING & SWANSBURG It won’t surprise you to learn that your fellow savers often give the same answer: Up. w h y I yhooupre ttahxee ps r me vi igohut s rci hs ea pitne rtsh he afvuet umr ea d(eh ye lol uo , t ht ri inl lki oanbso uo tf dyooullrartsaxiensnmeiwghdterfiisceit. spending). Now, let’s think about how Here are three potential ways Congress could impact your taxes in retirement: #1 | Changes to your tax bracket. As I previously discussed, for many savers it’s unlikely yi nocuorm feu. tIuf r ey otua x wbarnatc kteot s mwa ii nl l t abi ne yl oowu re r l ibf eesctayul es ,e cohfa nl cees ss amraeintyaoinu’ylloumr taaixntbarianckyeot.ur income, which means you’ll w a y Byuot u, rt h tea xa mbor au cnkt e ot f ciannc o cmhea nygoeu. Tr ehpeo rot t hi se rn owt atyh?e Yoonul yr i n cTohmi se hs at apypse snteeda di ny , 2b0u1t 7t h, ew bhreanc kCeotns gcrheas ns gpea as rs oe du n(da nydo ut h. e President signed into law) the Tax Cuts and Jobs Act. ²⁹ This lAemgiesrlaictiaonns, mloywseelrfeidnclutadxed.bracket rates for millions of
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