In this episode of Retire Smart Maryland Radio, hosts Prashant Sabapathi and Jon DeFeo discuss a new sweeping tax proposal that could significantly impact retirement planning, especially for high-income earners and business owners. They explore the implications of the proposed tax cuts, spending cuts, and the potential economic impact on retirees. The conversation emphasizes the importance of tax planning, particularly through strategies like Roth conversions, to navigate the changing tax landscape and prepare for retirement effectively.
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