Surgent's The Convergence of Health Care and Financial Planning

Description

Understanding the central planning issues surrounding retirement health care is critical while building a comprehensive and effective financial plan. Tax professionals are in a unique position to impact wealth accumulation strategies, adjust retirement income plans, and be a trusted resource for clients.

Highlights

• Estimating retirement health care costs
• Understanding the impact of Medicare IRMAA on retirement income
• Reviewing Medicare coverage choices
• Optimal timing for the transition to Medicare
• Coordinating Medicare with COBRA and employer
• Retirement strategies with health savings accounts
• Understanding the impact of tax-free income on Medicare premiums
• Utilizing key health care provisions in the 2021 American Rescue Act
• Important trends in long-term care planning
• Providing resources for clients 

Objectives

• Understand the major components and taxation of retirement health care costs
• Incorporate health savings accounts and Roth IRAs into retirement tax planning
• Recognize opportunities and methods to plan for custodial care

Designed For

Tax professionals planning for the intersection of taxation, retirement, and investment planning