It's rollover season: Roll over an IRA or old 401(k) and get up to 1 year managed free. See details

Limited time offer: Sign up today and get up to 1 year managed free. See details

Consumer Reports

7 Tax Terms to Know as Congress Confers

By Tobie Stanger

“It means higher tax than would be the case under the CPI used now,” says Eric Bronnenkant, a certified public accountant and head of the tax department at Betterment, an online financial adviser based in New York City. “In the short term, the dollar amounts of difference are nominal, but over 30 years they become much more pronounced.”

Read the Original Article

This article originally published December 8th, 2017 on Consumer Reports.