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The state of the US tax code couldn\u2019t be more uncertain. In episode 66 of the YMYW podcast, Joe Anderson, CFP\xae & Alan Clopine, CPA discuss the presidential candidates\u2019 opposing views on taxes and explain what tax strategies you should take advantage of now before it\u2019s too late. Joe and Al answer some listeners' questions later in the show. Original publish date September 17, 2016 (hour 2). Note that content may be outdated as rules and regulations have changed.\xa0

00:00 - Intro

2:37 \u201cWhen you look at Clinton, her proposals for the most part are adding extra taxes for those that make a lot of money.\u201d

2:57 \u201cTrump wants to lower the tax rates and the highest would be 33% instead of what it is right now -39.6%.\u201d

8:06 \u201cWhen it comes to your own retirement, trying to conserve your own dollars and pay less taxes is huge, because if you can pay less in taxes then you can live closer to that lifestyle you want to live.\u201d

12:05 \u201cWhat is the best way to leverage an old ex-employer's 401(k)?\u201d

15:37 \u201cAt 70 \xbd you have to take a required minimum distribution and if you don\u2019t, it\u2019s a 50% penalty.\u201d

15:54 \u201cShould I retire at 66 or take a low paying job?\u201d

16:49 \u201cA lower-paying job will never hurt you. They will never reduce the benefit, it will help you.\u201d

20:10 \u201cHow do I report my estate distribution?\u201d

24:55 \u201cWhat should I spend first in retirement to minimize high RMDs and avoid return risk?

35:10 \u201cThere\u2019s something called smart beta. What\u2019s your take on it?\u201d