FinPlan Friday: Avoiding the "Tax Torpedo"

Lauren Laferla, PR & Content Marketing Manager
June 7, 2019
    

FinPlan Fridays

In our new video blog series, FinPlan Fridays, Covisum® Founder and President, Joe Elsasser, CFP®, will offer his take on the issues financial advisors see every day. Joe is a practicing  financial planner with a unique perspective into the challenges for which Covisum provides technology solutions. Join us on the first Friday of every month for FinPlan Fridays, and get helpful tips to grow your financial planning practice. 

tax torpedo vlog

 

This week, Joe discusses the "tax torpedo." The tax torpedo occurs when the effective marginal tax rate exceeds the statutory tax rate, and it can make a major impact on how much a client may have to pay in taxes.

As a financial professional, you have an opportunity to show your clients how to plan for tax-efficient withdrawals during every year of retirement. Use Tax Clarity® to help your clients avoid the tax torpedo!

Get a 10-day free trial

Get blog notifications in your inbox.

Posted by Lauren Laferla, PR & Content Marketing Manager
Lauren is a content marketing enthusiast with a love for storytelling - on camera, in writing, and through others. She has a robust communications background that includes: public relations, content creation, internal communications, digital marketing, and copy editing. Driven and motivated, Lauren holds a bachelor's degree in English and is an avid reader.