Mark Balian weighs in on policy positions of the presidential candidates at fiduciarynews.com
Now that the conventions are over, it’s time to analyze policy positions. We have a Presidential election coming up that may have an impact on retirement savings. What might the impact be based on known policy positions?
“Proposed by Donald Trump, this policy would reduce payroll taxes, aiming to boost take-home pay for workers,” says Mark S. Balian, partner at Wells, Jaworski & Liebman, LLP in Paramus, New Jersey. “While this could increase disposable income and potentially allow for more retirement savings, it could also reduce funding for Social Security, potentially threatening future benefits for retirees.
