If you're feeling anxious that the presidential elections could upend your retirement planning, take comfort in knowing that you are not alone. What drives the unease? Uncertainties as to which political party will wield power and potential policy changes that could impact 401(k) balances, tax bills, estate planning strategies, and retiree benefits.
Just three weeks before Election Day, angst over the 2024 election’s impact on retirement readiness is evident. Eight in 10 Americans expect the election to impact parts of their retirement plan, according to a study by investment firm Wealth Enhancement.
