It has been a wild and unpredictable first quarter. After reaching highs in late January, equities then tumbled 10%. As quickly as they went down, they appeared to be reversing themselves, and there was the talk of a "V" shape recovery. That soon faded as the market woke to concerns of trade-tariffs sending us back to February lows:
A friend brought this New York Times article to my attention: Court Overturns Obama-Era Rule on Retirement Planners. Sadly, and not for selfish reasons, I couldn't believe it.
If you're curious how the proposed tax plan effects you, the Wall Street Journal, using the Penn Wharton Budget Model, has introduced a tax calculator. Here you can calculate your estimated 2018 taxes and discover the potential impact of the House plan.