ilmscore | Roth IRA Secrets from America’s Top Tax Expert | Ed Slott’s Retirement Tax Playbook

Predictions from this Video

Total: 1
Correct: 0
Incorrect: 0
Pending: 1
Prediction
Topic
Status
US tax rates are predicted to increase at some point in the future, even if only slightly, and are highly unlikely to decrease. Tax-deferred accounts (401k, IRA, 403b) are identified as being at the highest risk for future taxation.
"I believe it's going at some point this is all going to hit the fan and they're going to have to raise taxes. It's just a matter of when... Who's at highest risk? The people with the most money that has not yet been taxed. And that money is sitting in a 401k, in an IRA, in a 403b, tax deferred accounts... Will they ever go down? I don't see that. They might, you know, go up a little maybe because I think it's at the point they can't a shock to the system won't won't work politically. So, they'll go up a little."
US Tax Policy
Pending