Would a Higher Capital Gains Tax Be Trouble for Retirees?

The American College of Financial Services
April 26, 2021

Under the terms of President Biden’s infrastructure and social programs, any expansion would be paid for by an increase in the capital gains tax—an idea that has drawn mixed reactions from the financial services industry, especially from those working with retirees. But would a higher capital gains tax necessarily mean a rougher road for those at or near retirement?

WMCP® program faculty Michael Finke and David Blanchett examine the effects in this piece from ThinkAdvisor.

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