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Also inevitable is the impact a new president can have onyour finances.
Now is the time to start preparing for the transition, to safeguard your assets.
Theres no way to know who will win the presidency until November 5.
Evaluating current healthcare plans and considering options like Health Savings Accounts (HSAs) could be beneficial.
She also planned to expand the Medicare system over a 10-year phase-in period.
Its currently unknown what her plans for the healthcare system are if shes elected president.
Stay tuned as she announces more about her healthcare platform for this campaign.
This can provide peace of mind and the potential to maximize your estate.
Potential changes in estate tax laws could affect inheritance strategies, Calio said.
while your estate/gift tax exemption limit is higher.
These moves are speculative and based on potential policy directions, he said.
Consulting with afinancial advisorfor personalized advice is recommended.
Assess Investment Portfolios
Changes in administration often lead to shifts in market sectors, Calio said.
Additionally, he you should probably consider the tax implications of your returns.
If [Harris] wins the election, technology stocks are a buy, he said.
This could be important for tech stocks.
She will be less likely to rock the boat and stir trouble that could lead to a trade war.
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