The Ultimate Guide to Retirement Planning ON DEMAND

Overview

We are all (including tax practitioners) getting older, and the need for effective retirement planning has never been greater. This course is essential for participants who wish to attain a comfortable retirement for themselves and their clients by maximizing tax saving strategies. This presentation integrates federal taxation with retirement planning. The course will examine tax and savings strategies related to determining retirement income needs, wealth building, capital preservation, and estate distribution. This course is designed to improve the quality of services to clients and the profitability of engagements, and it projects the accountant into the world of retirement planning. This course will give you practice in analyzing problems, developing solutions, and presenting final, personal retirement plans to clients. The emphasis is on practical simplicity in dealing with the self-employed and highly compensated individual. Special consideration is given to the tax treatment of the home and business on retirement. Buy-sell agreements are discussed, and elder-care planning is examined.

Highlights

Mapping mechanics. Common pitfalls. Popular retirement myths. Defining retirement. Developing a plan. Savings. Assets.

Prerequisites

None.

Designed For

This program is appropriate for professionals at all organizational levels.

Objectives

Recognize the importance of personal retirement maps to suit client objectives and lifestyles and summarize the basic guidelines of retirement planning, including common pitfalls and misconceptions of retirement. Determine retirement using the major levels of retirement and key questions that have financial and personal ramifications. Identify retirement costs and income needs of clients based on their current budget, recognize tax savings strategies, and identify guidelines when purchasing investment assets.