Medicare can be a complicated insurance system for clients to navigate as they transition from employer-provided insurance, especially when many human resource professionals and insurance agents for employer group insurance plans often do not fully understand the nuances of Medicare. This lack of clarity can lead to ineffective coverage and costly healthcare expenses during retirement. Financial advisors have an opportunity to ease their clients' transitions into retirement by sharpening their knowledge of Medicare options. In this webinar, Elaine Floyd walks us through the options for Medicare coverage along with the benefits and risks associated with Original Medicare and Medicare Advantage plans. She further details how to shop for and enroll in Original Medicare, Medigap, and Medicare Advantage with beneficial considerations when going through the process, leaving advisors with a clear, practical roadmap for clients seeking coverage.
In this session, learners will review two Nerd's Eye View blog articles: Navigating The FTC's Ban On (Most) Non-Competes: The New World Of Partnerships And Non-Solicits and Why 'Deferred Sales Trusts' Can Be A Risky Way To Defer Taxes On A Business Sale. In the first article, authors Michael Kitces and Adam Van Deusen from Kitces.com explain the impacts and implications of the Federal Trade Commission ban on non-competes, detailing the scope of the ban, exceptions, and anticipated impact on financial advisory firms. They further provide alternative methods for advisors to protect their interests without enforceable non-compete agreements. In the second article, Ben Henry-Moreland discusses the benefits and downsides associated with installment sales for business owners. He then explains the Deferred Sales Trust (DST) strategy, highlighting the purported benefits, risks, and legal concerns associated with this business sale strategy.
This quiz reviews two blog articles: Navigating the Thrift Savings Plan: Planning Opportunities To Support Federal Employees, Military Servicemembers, And Veterans and The HSA 'Deathbed Drawdown': Making Tax-Efficient Distributions Of Large Balances (When There Isn't Much Time). In the first article, Stacy Miller, CFP', walks readers through the Thrift Savings Plan. This article details the background of the plan and why professional advice can be helpful to federal employees and military servicemembers, especially as military servicemembers transition back into civilian life. She concludes this article with actionable steps that advisors can take to support clients that are participants in the Thrift Savings Plan. In the second article, Ben Henry-Moreland, Senior Financial Planning Nerd at Kitces.com reviews the benefits of Health Savings Accounts (HSAs) along with the pitfalls of having funds remaining in the accounts at the death of the owner. He further explains two strategies for managing HSA funds.
Net Unrealized Appreciation Tax Strategies and Why Tax-Loss Harvesting During Down Markets Isn't Always A Good Idea
Net Unrealized Appreciation Tax Strategies and Why Tax-Loss Harvesting During Down Markets Isn't Always A Good Idea
New RMD Rules For Spousal Beneficiaries and Establishing a 'Statement of Financial Purpose'
In this session, we review 2 blog articles: New RMD Rules For Spousal Beneficiaries Of Retirement Accounts With SECURE 2.0's 'Spousal Election' Option and Values, Purpose, Action: A 3-Part Approach To Establish A 'Statement Of Financial Purpose' And Unlock Deeper, More Meaningful Planning Conversations With Clients.
In the wake of the OBBBA Act, estate planning strategy discussions are expected to shift away from a focus on estate tax avoidance to other benefits of estate planning. This session explores the use of non-grantor trusts to reduce taxable income, enhance access to deductions, and optimize charitable giving for clients who may not otherwise benefit from traditional estate tax strategies. Through practical examples and advanced planning insights, financial advisors will learn how to integrate these tools into their planning toolkit and apply them for clients at a broad range of wealth levels. Special attention is given to tax bracket management, the 199A QBI deduction, SALT deduction maximization, charitable strategies, and the importance of post-OBBBA planning collaboration among advisors, attorneys, and CPAs.
This month we review the November blog articles. This quiz includes the following articles: Maximizing Health Savings Accounts (HSAs) Tax Benefits With Adult Children Under Age 26, Establishing Solo 401(k) Plans For Self-Employed Workers: Options, Contribution Limits, Deadlines, And More!, and Tax Advice Restrictions For Financial Advisors: How To Offer Tax Planning And Remain In Compliance
In this continuing education session, learners will review the Nerd's Eye View article, Breaking Down The 'One Big Beautiful Bill Act': Impact Of New Laws On Tax Planning. In this article, Ben Henry-Moreland, Senior Financial Planning Nerd at Kitces.com, summarizes the provisions in the One Big Beautiful Bill Act (OBBBA) and explains how the bills could change individual and business tax planning from 2025 onward.
This quiz includes the following articles: How To Register Your RIA: State Vs SEC Registration And When Notice Filing Is Required and Upfront And Ongoing RIA Compliance Obligations Of State Vs SEC-Registered Investment Advisers
With the Tax Cuts and Jobs Act (TCJA) set to expire at the end of 2025, financial advisors face uncertainty about the future of various provisions. With tax policy proposals, ideas, and speculation flowing through the news in a near-constant stream, many clients are left feeling anxious and unsure of what will actually come to pass. In this timely and informative session, Ben Henry-Moreland breaks down the key provisions of the TCJA, what's likely to change or stay the same, and how the current political landscape could shape upcoming tax legislation. Throughout this presentation, Ben provides ideas of how to balance helping clients remain calm with thoughtful communication strategies while also taking steps to plan based on what is currently known about the state of these tax provisions. Key TCJA provisions such as the SALT deduction, alternative minimum taxes, estate tax exemptions, and business owner provisions like Section 199A are discussed.