6 Ways to Prepare for How Tax Reform Will Impact Your Retirement

The reforms President Trump signed into law in December may be the broadest tax rewrite enacted in decades, but the changes are subtle when it comes to your retirement savings. The immediate impact varies from person to person: Some will benefit from lower rates, others will miss key deductions, and some will simply do whatever their TurboTax software tells them to do.

Of course, the key to successful retirement planning is to look at the long term, not just the coming year's tax savings. With that in mind, here are six moves to consider making in preparation for what tax reform will bring to your 2018 bill and beyond:

1. Transfer investments out of taxable accounts.

The new lower tax rates won't last forever--for you. While they are