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Joe Biden on Tuesday unveiled a $775 billion plan to bolster child care and care for the elderly that would be financed by taxes on real-estate investors with incomes of more than $400,000 as well increased tax compliance by high-income earners.
The Biden campaign did not fully explain how the plan for a “caring economy” would be financed, but officials highlighted some tax breaks they would seek to eliminate to raise revenue.
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The Section 45F employer child care tax credit has been significantly expanded to reduce child care costs while boosting talent retention and productivity.
Some 80% of respondents said they expect estate planning to be integrated into financial wellness offerings.
New research highlights a widening planning gap among child-free savers, with lagging estate and long-term care planning exposing unique risks.
Helping employees get their affairs in order brings peace of mind and better focus at work.
Advancing Chronic Care: Strategic Support for Health and Cost Management
