How a Transformed Washington May Change Retirement Savings

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We’re less than a month into the new Congress and presidential administration, and the pace of announcements, proposals and executive orders has been frenetic. It can be hard to sift through all of these policy pronouncements, to understand which ones will have immediate and long-term impact on both the work of financial professionals and also our customers: regular workers and retirees.

While it’s true that every administration brings policy shifts that can directly impact retirement savings, the speed and breadth of what is currently being proposed feels like we are headed into unprecedented territory.

Here we discuss four changes. Some are certain to happen, as they are a part of enacted legislation. Others are more uncertain, and very much depend on what happens in Washington. Taken together these changes promise to bring both opportunity and also challenges for retirement.