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How the New Tax Law Affects Retirees and Retirement Planning

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Tax lawyers, accountants and financial planners are burning the midnight oil trying to figure out all the ins and outs of the new tax law. The men and women of the IRS, given less than two weeks between the day President Trump signed the law and the time most of the new provisions went into effect January 1, are scrambling, too. When Congress approves the most sweeping changes in the tax law in more than three decades, you can bet you’ll be affected. Here are 17 things you need to know about how the new rules affect retirees and retirement planning.

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