What The Political Standoff In D.C. Means To Your Financial Plan

What does the political standoff in Washington mean to you? -- not in terms of your politics but in terms of your bottom line - your after-tax income and your family's wealth. One layer of variables hinges on Congressional processes and timing, and another set of possible outcomes is posed by actual changes in the U.S. Code. And overlaying all of these variables are hard fiscal realities and politics. It is a bit of a mess! No matter your politics, however, you want to keep as much of your income and wealth as possible and pay as little tax as is legally allowed. So, keep your eye on four possibilities. Watch this week's video