Tax and Estate Planning Master Class Hosted in Palm Coast, FL

This event will be co-hosted by special guest speaker, Jennifer McGee Esq. Attorney at Law. Her practice includes estate planning, avoiding probate, trust administration, life estate deeds, and incorporating various strategies to preserve family legacies. Practice is focused on representing families young and old, high-net-worth individuals and family-owned and closely-held businesses in all aspects of estate planning.

TOPICS TO BE COVERED

• Common misconceptions about taxes in retirement.
• Understand the official new tax reform rules and their impact on your retirement.
• Understand the impact of the Tax Cuts and Jobs Act on retirement income streams.
• Identify tools and strategies available to retirees.

RETIRING TODAY

• The old retirement vs. TODAY’S retirement
• How to create a clear vision for retirement that could lead to less stress and more happiness.
• Understanding the keys to distributing your money in retirement.
• Understanding RMDs and the implications they have on your retirement.
• How rising taxes may affect your retirement cash flow.
• The “Catch 22” of 401k’s and IRA’s
• Are employer sponsored plans better than IRAs?
• Is it time for the Roth conversions?

RETIREMENT INCOME PLANNING

• How to accumulate dollars in the right types of accounts for future retirement income.
• Strategies on how to lengthen the life of your money
• When should you convert to a Roth?
• How IRA’s and 401k’s cause Social Security taxation

MAXIMIZING SOCIAL SECURITY

• The causes of Social Security taxation
• The Social Security thresholds you need to be aware of
• The real cost of Social Security taxation
• Strategies to eliminate Social Security taxation
• Social Security maximization strategies

RETIREMENT DISTRIBUTION PITFALLS

• How to ensure you won’t run out of money in retirement
• How to liquidate retirement assets in the right order
• How to eliminate “sequence of returns” risk

HOW THE NEW SECURE ACT COULD IMPACT YOUR RETIREMENT:

• Changes to the RMD age for some!
• IRA Contribution Age Limit Altered
• Positive Changes for Part-Time Workers
• What's Happening to Stretch IRAs?
• Will We See Annuities Included More Often in Workplace Retirement Plans?

Host or Publisher Connie Wiltfong