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How To Financially Plan for the New Year Under the New Trump Presidency

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In addition to all the usual year-end tax moves and other financial tweaks, many Americans are also looking ahead to how a new presidential administration under President-elect Donald Trump
The article from MSN Money discusses financial planning strategies for the new year under the Trump presidency, focusing on potential economic changes and policy impacts. It highlights the importance of understanding the new administration's economic policies, which could include tax reforms, changes in healthcare, and shifts in trade policies. The piece advises individuals to reassess their investment portfolios, considering potential market volatility due to policy uncertainty. It suggests looking into sectors that might benefit from Trump's proposed policies, like infrastructure, defense, and energy. Additionally, the article recommends preparing for possible changes in personal tax situations, adjusting retirement plans, and possibly increasing emergency savings due to potential economic fluctuations. It also emphasizes the need for flexibility in financial planning to adapt to the evolving economic landscape under the new administration.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/how-to-financially-plan-for-the-new-year-under-the-new-trump-presidency/ar-AA1ume76 ]