Reported 8 days ago
Financial advisors warn that savers may face lower interest rates and higher taxes as the Federal Reserve cuts rates and the expiration of the Trump tax cuts looms in 2026. Individuals are encouraged to accelerate income or consider Roth conversions to mitigate potential tax increases. With savings returns diminishing, shifting some investments into stocks or dividend-growth stocks may provide better long-term growth and lower tax liabilities.
Source: YAHOO