Our Take: Fiscal and Tax Policy Possibilities in the Biden Era

We’ve turned the page on another chapter in American history. Joe Biden has been sworn in as the 46th President of the United States, and the House and Senate majority are held by Democrats.

That balance of power sets the stage for potential changes to fiscal and tax policy in the coming years, and we’re paying attention to what that might mean for your financial plans now, and in the future. Although it’s impossible to predict exact outcomes, we know you probably have early questions on what planning possibilities may arise during Biden’s term, and what they mean for you.

We reconvened our colleagues for a live Q&A, Chief Client Officer David Levin with Managing Director of Investment Strategy Kevin Grogan, CFA, CFP® and our Director of Advanced Planning Jeffrey Levine, CPA/PFS, CFP®. The conversation touched on the economic environment, what we’re looking out for, and answered questions submitted from participants.

You can watch a replay of that webcast here (original air date: January 26, 2021):

Beacon Hill Private Wealth is an independent, fee-only, fiduciary investment advisor providing evidence-based wealth planning solutions that simplify our clients' financial lives. Founder Tom Geoghegan, CFP®, CIMA®, CPWA®, RMA® is also a member of the National Association of Personal Financial Advisors (NAPFA).      

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