Bloomberg Businessweek

Planning for a Low-Tax, High-Deficit World

Lewis Braham

• It’s time to maximize deductions and go light on Treasuries

• “It’s like getting to bet on a horse after the race is over”

It isn’t often that rushing makes sense in retirement planning. But when it comes to converting your tax-deferred IRA to a tax-free Roth one, Ed Slott thinks now may be the exception. “Tax rates may never get lower in your lifetime than in 2017,” says the accountant and creator of the personal finance website irahelp.com. “Now would be the time to strike.”

Donald Trump has said he wants to lower the top income tax rate from 39.6 percent to 33

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