Tax Planning for Early Retirement: The Great Resignation FLEXCAST

Overview

This insightful course addresses the crucial topic of tax planning for early retirement amid The Great Resignation. As a significant number of U.S. workers opt for early retirement post-pandemic, understanding the tax implications of such a decision becomes paramount. This course equips participants with a thorough understanding of the various tax consequences associated with early retirement. It provides an in-depth analysis of retirement plan distributions, offering strategies for optimizing tax benefits. The course also covers the vital components of Social Security, providing essential knowledge for advising clients on the best time and approach to claim their benefits. Furthermore, healthcare considerations, an often-overlooked aspect of early retirement, are examined, ensuring participants are well-informed about all facets of retirement planning. This course is particularly beneficial for professionals advising clients in the midst of The Great Resignation, ensuring they are equipped with the latest information and strategies for effective tax planning in early retirement.

Highlights

The Great Resignation. Basic financial planning. 2022 tax rates. Retirement accounts. NUA. NIIT. Social Security. Healthcare. Reverse mortgage.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Understanding the Great Resignation. Retirement plan distributions. Social Security - what you need to know. Healthcare - what you need to know.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.