In honor of Financial Literacy Month, Covisum President, Joe Elsasser,CFP®, has created a reading list for anybody with an interest in the financial tech industry. As you know, this is evolving. Financial advisors, finance students, and those working in fintech can benefit from this reading list.
In an ongoing series exclusive to ThinkAdvisor, Joe Elsasser, CFP® and Ron Piccinini, PhD provide readers with two distinct perspectives on the same topic. Check out the most recent installment, "How New Tax Law Affects Investment Portfolios."
In this edition, we asked both Joe and Ron what kind of impact tax reform has on investment portfolios.
Joe's response included:
Updates will guide advisors through the 2017 Tax Cuts and Jobs Act
OMAHA, Neb. (April 17, 2018)– Today, Covisum announced major changes to its Tax Clarity® software. The upgrade supports financial advisors as they navigate the 2017 Tax Cuts and Jobs Act. With these software changes, advisors can help their clients visualize the new tax landscape and make better decisions about which income streams to use at particular points in retirement.
Posted in Press Release
A recent article in Real Daily highlighted a report from the Inspector General of the Social Security Administration (SSA) that suggests almost 10,000 retirees have been underpaid beneficiary benefits to the tune of $132 million.
There are a few reasons for the discrepancy; many retirees do not understand the benefits they are entitled to, many others have been given poor advice or have difficulty navigating the system.
For instance, the Social Security Administration office does not
Posted in Social Security Administration
Everyone in the financial services industry is talking about how the changes to the tax law will impact clients, and the most prepared advisors will be able to capitalize on this enormous opportunity.
With Tax Clarity®, you can provide tax alpha and quickly identify sub-optimal situations, showing clients how to make retirement decisions in the most tax-efficient way.