Key takeaways

As clients near retirement, changes in income and spending open planning opportunities you'll want to help ensure they're recognizing.

  • If your client’s tax rate is expected to increase in the coming years, they should consider strategies to secure the current lower rates
  • If their tax rate is expected to decrease, your client should explore options to defer income
  • Diversifying savings across tax-deferred, taxable and tax-free accounts can offer clients more flexibility and tax-efficient retirement income

While new legislation may extend current tax benefits beyond 2025, you can help clients lock in today's tax benefits and help protect them from further uncertainty in retirement.

Count on Nationwide's Advanced Consulting Group to help you stay on top of and simplify new tax legislation as it is announced. Until then, leverage these 8 tax tips in your client conversations to help ensure you're providing the value clients count on in a year of change.
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For more detailed strategies and tips, view the full article, which provides
actionable advice to help clients navigate the upcoming tax changes effectively.

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