The U.S. tax landscape is changing. Last week, the Tax Cuts and Jobs Act was passed into law. It is clear that there is a need for members of the general public to understand the changes and how those changes impact their personal situations. Financial advisors are faced with a choice – either take proactive steps to first become educated on the new laws, and then identify specific opportunities for their clients, or risk losing clients to other proactive advisors who choose the first path. Join Joe Elsasser, CFP®and president of Covisum as he discusses the hot topic of taxes and retirement for the Society of Financial Service Professionals on January 24 at 11 a.m. Central.
Learn how the interactions of different income streams can impact the client’s effective marginal tax rate and diagnose client situations in which an additional dollar is withdrawn from or contributed to a retirement account, or a capital gain harvested from a nonqualified account would have an impact far greater than their tax bracket would suggest.
Financial advisors can add significant value to their services by helping clients navigate the complexities of the changing tax landscape. Clients are concerned about the impact on their situation specifically, and whether there are better options available. Learn how to have this conversation effectively, positioning you as a go-to resource in your community for the intersection of tax and retirement planning.
Attendees will learn:
How to help clients navigate the changing tax landscape
How different income streams can impact clients’ effective marginal tax rate
How a withdrawal from or contribution to a retirement account can have a significant impact on retirement planning
Katie thrives on making an impact and achieving big goals. She believes that communication strategy has a major impact on business success. As a strategic communicator with a diverse background in non-profit, B2B, healthcare, and SaaS, Katie combines her expertise in strategy development, marketing and sales to spread the word about how Covisum can help advisors and institutions inform their clients of the best financial decisions.