New Bill Would Postpone Taxes for Millions of Retirement Savers


Politician promising tax cut
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New legislation recently introduced in both the Senate and the House could help millions of Americans save more money on their mutual fund investments. The Generate Retirement Ownership Through Long-Term Holding (GROWTH) Act would allow those who invest in mutual funds to defer capital gains taxes on any growth in the funds. Currently, when mutual funds distribute capital gains to investors…


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