The era of low taxes has come to an end
By Mike Needham
Automate My Agency
In the wake of the fiscal cliff sage, I think a couple of things really stand out:
- The era of low taxes has come to an end.
- You need to take control of your personal finances.
It may make sense to pay the taxes now and then invest in a vehicle that could return the investment results tax-free down the line. Roth IRAs/401(k)s are certainly an option for most, and an investment grade life insurance policy that is properly structured could help many more.