The question of what to do if Joe Biden wins has been asked by at least five of our clients in the past few weeks. Since it reminded me of the identical question I received from my Democratic clients when Trump was elected four years ago, I will assume this question is politically related.
When dealing with financial affairs, actions in one area can spill over into another. Sometimes these unintended consequences can be avoided; other times they don’t reveal themselves until it’s too late. Here’s what you need to be aware of when it comes to Social Security and Medicare.
What do you do when a strategy or action that solves one problem inadvertently creates a new one? And what if the remedy to the new problem has the potential to cause still another problem?