Retirement Taxation Masterclass
Times are changing, Take advantage of the change.
COVID-19 has created a unique environment where a modern retirement financial plan is more important than ever to ensure your future financial safety.
- After the decline, it’s important to re-evaluate where you’re at.
- Make decisions based on current market conditions, not the past.
- Good planning with unique opportunities will increase your retirement solutions.
- With increased economic uncertainty, a plan will give you the confidence you need to enjoy your retirement.
What You Get
Understanding the “Reality” of the tax system around us is the first place we will explore in this masterclass. This class is ABSOLUTELY about making individual improvements in your finances but first we must seek to understand the moving pieces around us. Make sure you listen to the end of this Section because I share with you Our Course Promise and the desired outcome of this course.
The Reality of Your Tax Story
Let me introduce you to a “Tax Story”. This is the fundamental tool that the Brighter Wealth Academy has created to simplify the retirement tax planning conversation and help our students simplify the decisions to make the largest tax planning impact. We will use the Tax Story for Bill & Janet as an example not only in this lesson but throughout this entire masterclass to help apply each concept learned in this class.
The Reality of Temporary Tax Brackets
The Reality of Disappearing Deductions
The Reality of Tax Increases
Protecting your Retirement in the COVID-19 Era
4 Risks that Threaten Your Retirement in 2020
- Timing Risk
- Increasing Taxes
- Increasing Healthcare Costs
- Inflation Risk
4 solutions that will protect your retirement in any economy
- Create different types of assets
- Implement a retirement tax plan
- Leverage your current accounts
- Reduce Risk, Increase Returns
What is your Retirement Tax Story?
IRA vs. Roth IRA
3 Types of Money
What are In-Kind Donations?
How A Donor Advised Fund(DAF) Works
What is a Qualified Charitable Distribution (QCD)?
3 Ways to take Advantage of a Down Market
Covid-19 Argument Roth Conversions
A Penny Saved is a Penny Earned
Covid-19 Tax Planning Opportunities
Covid-19 Stimulus Package
Now is the time for Tax Planning
Take Advantage of 2020's NO RMDs
Tale of Two Tax Torpedos
The BIg 3 Roth Conversion Mistakes
Protect Your Investments with WealthGuard