Now On Demand.
Designing retirement planning efficiencies is a challenging process. A major aspect of this planning is to make sound decisions with respect to your clients’ tax implications. One of your most significant considerations may be “When should taxes be paid to generate the most after-tax spending and legacy for a given asset base?” Answering this question requires digging into our progressive tax system.
Join Dr. Wade Pfau, program director of the Retirement Income Certified Professional® designation and a Professor of Retirement Income at The American College of Financial Services, for an in-depth discussion on tax-efficient strategies for your clients’ retirement spending.
Attend this webcast to learn:
Three retirement distribution approaches that allow your clients to take advantage of the progressive tax code to pay taxes
How to navigate the primary pitfalls associated with the interactions between retirement income, Social Security taxation, and Medicare premiums
Tax diversification and asset location techniques to help position client assets as a suitable foundation for retirement
How to apply this session information to design tax-efficient retirement distribution strategies that seek to extend portfolio longevity
Speakers:
Wade D. Pfau, Ph.D., CFA®, RICP®Program Director, Retirement Income Certified Professional Designation® Professor, Retirement IncomeThe American College of Financial Services
Wade D. Pfau, Ph.D., CFA, RICP, is the program director of the Retirement Income Certified Professional designation and a Professor of Retirement Income at The American College of Financial Services in King of Prussia, PA. As well, he is a Principal and Director for McLean Asset Management. He holds a doctorate in economics from Princeton University and has published more than sixty peer-reviewed research articles in a wide variety of academic and practitioner journals. He hosts the Retirement Researcher website, and is a contributor to Forbes, Advisor Perspectives, Journal of Financial Planning, and an Expert Panelist for the Wall Street Journal. He is the author of the books, Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement, How Much Can I Spend in Retirement? A Guide to Investment-Based Retirement Income Strategies, Reverse Mortgages: How to Use Reverse Mortgages to Secure Your Retirement.
David Newby, CFP®, RICP®Regional Vice President – ArizonaJackson National Life Distributors LLC
A passion for strategies that support a stress-free retirement for clients that can lead to overall happiness is what drives David Newby. That passion has earned him the respect of financial professionals who share his focus on helping clients ease worries about market timing by investing in annuities. To make sure he is up to date on pertinent market and financial industry trends, he also focuses on continual education so he can make the most positive impact on those he serves.
David first started in the industry in 2007 as an advisor with Axa Equitable in Denver, Colorado. He then moved to TD Ameritrade where he worked as an Investment Consultant with both clients and RIAs. Joining Jackson in 2012, he covered Oregon as an Internal Wholesaler and was directly responsible for helping Jackson’s Elite Access® product attain a top sales ranking nationwide. He then expanded his responsibilities as an External Wholesaler for all Jackson annuity products covering the state of Texas, prior to moving to Arizona in 2018. Educated at University of Texas at Arlington where he also played Division I baseball, David earned a Bachelor of Arts in interdisciplinary studies focused on finance, economics, and communications. He holds FINRA Series 7 and 66 registrations and CERTIFIED FINANCIAL PLANNER™ and Retirement Income Certified Professional® designations.
Michelle Tidey, CFS®Vice President – West RegionJackson National Life Distributors LLC
With more than 20 years of experience to guide her, Michelle oversees the management of Jackson® Wholesalers in the West Region. She instills in her team a commitment to providing the best in customer service and equips them with the tools they need to help Jackson’s representatives find effective, customizable strategies for their clients. Michelle joined Jackson in 1996 and has held internal sales, advanced markets, service management, and external sales positions. Demonstrating performance excellence, she was named Wholesaler of the Year for the Midwest region in 2008 and 2011, and also served on Jackson’s Leaders Council in 2009. Michelle was promoted to her current role as Divisional Vice President in December 2011. In addition, Michelle holds the honor of being a member of Jackson’s exclusive Red Jacket Club for achieving $1 billion in sales. A graduate of the University of California–Los Angeles, she holds FINRA Series 6, 26, and 63 registrations, a Life license, and is a Certified Funds Specialist® professional.
Annuities are long-term, tax-deferred vehicles designed for retirement. Variable annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax if withdrawn before age 59½ if an exception to the tax is not met.
Tax deferral offers no additional value if an annuity is used to fund a qualified plan, such as a 401(k) or IRA, and may be found at a lower cost in other investment products. It also may not be available if the annuity is owned by a legal entity such as a corporation or certain types of trusts.
Diversification does not assure a profit or protect against loss in a declining market.
Annuities are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and in New York by Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Variable annuities are distributed by Jackson National Life Distributors LLC, member FINRA. May not be available in all states and state variations may apply. These contracts have limitations and restrictions. Contact Jackson for more information.
Dr. Wade Pfau, The American College of Financial Services, Mclean Asset Management, and Retirement Researcher are not affiliated with Jackson National Life Distributors LLC. Neither the presenters, the presenters’ employer, nor any of their affiliates should be considered to be providing legal, tax, or estate planning advice. For questions regarding a specific situation, please consult a qualified advisor.
Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer’s individual set of facts and circumstances. Clients should rely on their own independent advisors as to any tax, accounting, or legal statements made herein.
Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company®, and Jackson National Life Insurance Company of New York®. Jackson National Life Distributors LLC, member FINRA. OSJ: 300 Innovation Drive, Franklin, TN 37067, Phone: 800/565-8797.
CMN25987 09/21
