Legislation Aimed at Sweeping Changes to Investments in Retirement Accounts – New Rules Starting 2022 if Passed in House Vote
A CNBC.com article published this week outlines proposed legislation that would drastically alter retirement account laws, prohibit certain investment types in qualified accounts altogether, and change tax laws in an attempt to democratize retirement savings across all income levels. ● Today, our tax laws allow all taxpayers to make IRA contributions regardless of account size. […]