You can run your plan to see how it is impacted by different assumptions for current and future Federal tax policy related to the Tax Cuts and Jobs Act of 2017 (TCJA). The options are:
- Current Tax Law: This is our default setting. It applies the TCJA changes as written in law, which means many of the changes, such as reduced income tax rates, expire on December 31, 2025.
- TCJA Changes Made Permanent: This option assumes the TCJA changes that are set to expire in 2025 are instead made permanent by Congress.
- Tax Law Prior to TCJA: This option applies the tax rates and provisions that were in place prior to the TCJA.