--- title: "ThinkAdvisor: 4 Retirement Tax Challenges to Consider During an Economic Downturn" description: Learn more about financial planning challenges and opportunities in a market downturn. image: https://www.covisum.com/hubfs/Portrait%20of%20businessman%20talking%20on%20mobile%20phone%20in%20office.jpeg --- [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) # ThinkAdvisor: 4 Retirement Tax Challenges to Consider During an Economic Downturn [IN THE NEWS  |  ](https://www.covisum.com/press/tag/in-the-news)Nov 17, 2022 10:14:42 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) Recently Covisum hosted a webinar on Tax Strategies During an Economic Downturn. During the webinar Joe Elsasser, CFP® highlighted the challenges and opportunities advisors should be aware of given the current market environment. ThinkAdvisor recapped the webinar in an [article](https://www.thinkadvisor.com/2022/11/16/4-retirement-tax-challenges-to-consider-during-an-economic-downturn/).  > > "Fortunately, the picture is not all doom and gloom for retirement-focused savers, Elsasser says. The current market environment, while painful from an investment perspective, has also raised a number of key tax challenges and considerations for clients. > > > > With a little tax ingenuity, Elsasser says, clients can find a silver lining in 2022’s market woes. At the very least, they can use this year to get a handle on their present and future tax situation." 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