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Here are four ways Trumps presidency could affect your 401(k) in 2025.
Also, find outwhat retirees should be paying attention to as the Trump economy begins.
While extending the 2017 tax cuts requires congressional approval, they aim to maintain lower individual tax rates.
So, this most certainly will increase the stock market and 401(k) returns by default.
If the corporate tax gets reduced further, then it is likely that salaries will increase, Stranger said.
Industry executives believe this would make higher-fee funds more attractive to investors with more assets.
Instead, some executives recommended that fiduciaries direct private investments rather than individuals.
Consequently, numerous financial institutions backed away from investor-climate initiatives since last November.
If tariffs cause a trade war, this could end up triggering stock market crashes, Stranger said.
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