--- title: "WealthManagement.com: Social Security Tax Management Moves Upstream " description: Covisum President Joe Elsasser, CFP® recently contributed an article to WealthManagement.com explaining the Tax Cuts and Jobs Act. --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # WealthManagement.com: Social Security Tax Management Moves Upstream  [IN THE NEWS  |  ](https://www.covisum.com/blog/topic/in-the-news)1/18/18 4:15 PM  |  by [Katie Godbout, Vice President of Sales & Marketing](https://www.covisum.com/blog/author/katie-godbout-vice-president-of-sales-marketing) ![Social Security Card and Money.jpg](https://www.covisum.com/hs-fs/hubfs/Web%20and%20Social%20Media%20Graphics/Social%20Security%20Card%20and%20Money.jpg?width=320&name=Social%20Security%20Card%20and%20Money.jpg)Covisum President [Joe Elsasser](https://www.covisum.com/our-team/#joe), CFP® recently contributed an article to WealthManagement.com explaining how the Tax Cuts and Jobs Act represents a relatively significant tax cut for many retirees, but there are opportunities for advisors to help clients visualize the new tax landscape and make better decisions about which income streams to use at different points in retirement. > "Clients often don’t understand the relationship between ordinary income and long-term capital gains or qualified dividends and the impact on their tax bill, leading to potentially significant tax inefficiency in their retirement strategy. With these new larger standard deductions and lower rates, there are more planning opportunities for higher income retirees and more opportunities to do something to avoid a very high effective marginal rate right after minimum distributions kick in." 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Read ](https://www.covisum.com/blog/wealthmanagement-is-social-security-benefit-planning-disappearing) [ ### In The News WealthManagement.com: Explain Risk To Clients Now Read ](https://www.covisum.com/blog/wealthmanagement-explain-risk-to-clients-now) [ ### Tax On-Demand Webinar, "Last Minute Tax Moves: What Advisors Need to Know" Read ](https://www.covisum.com/blog/on-demand-webinar-last-minute-tax-moves-what-advisors-need-to-know) [See All Articles](https://www.covisum.com/blog) ## Covisum’s ecosystem of solutions can help you grow. [Sign Up Free](https://idp.socialsecuritytiming.com/register) ## Stay Connected Access industry news, expert insights, best practices, free downloads and more. 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