OIW Trust Associates LLC

Representation l Protection l Administration

Friday, October 30, 2020

Don't wait until its to late to plan for a Biden Presidency

 TRUMP on-


TAXES

The last four years have seen the largest tax cuts in history - $5.5T


ESTATE

Trump DOUBLED federal estate tax exemptions


REQUIRED DISTRIBUTIONS

Required distribution age has increased from 70.5 to 72


STOCKS

CS&P 500 is up 60%, Nasdaq up 120%, Dow Up 50% since Nov. 2016


HEALTHCARE

Privatized Medicare could increase choice but also costs


BIDEN on-


TAXES

Biden likely to undo Trump tax cuts, increase corp and payroll taxes, surtax on high income


ESTATE

Potential to increase to estate taxes and reduce exemptions


CAPITAL GAINS

Possible increase tax on Cap Gains


SOCIAL SECURITY

Remove limits on Soc. Sec. Payroll Taxes


HEALTHCARE

Keep and bolster Obamacare


"Radical Left or Conservative Right, there's only one person responsible for taking action...the person in the mirror."

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