Craig Wear, CFP®Craig Wear, CFP® | Expert in Roth Conversions & Tax-Efficient Retirement Strategies for IRA Millionaires

Trump's Tax Cuts, will rates stay low?

11 Apr 2025 · 1 min

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YouTube video (Craig Wear, CFP®) discussing President Trump's intent to make the Tax Cuts and Jobs Act (TCJA) permanent and how that affects Roth conversions. The speaker notes the TCJA’s temporary provisions were set to sunset on December 31, 2025, and reports Trump saying tax rates that would have risen (e.g., to 25%) would instead remain at lower brackets (22% and 24%).

Questions this video answers

December 31, 2025.

He stated rates would stay at 22% and 24% (versus a referenced 25% increase).

Chapters

And that's significant for us to think about aggressive Roth conversions, because what's happened now is this automatic sunsetting of these tax decreases was supposed to happen December 31st of 2025. Well, now, let's see where Trump is on that and what he's saying is going to happen. So the first thing is one of the key components he said is he's going to make the tax cut job act permanent, including the tax rates. So that means that what was going to go up back up to 25% is going to stay at 22%, stays at 24.