How Engaging Clients on Effective Marginal Tax Brackets Open Opportunities

[Steve Savant]

Based on AGI and MAGI, should your client take a tax deduction offered by a qualified plan or use a non-deductible Roth and/or TAMRA-compliant life insurance policy to fund retirement? Determining your client's effective tax bracket can help you determine whether to use this alternative retirement strategy. Keep in mind that many advisors perform Roth conversions, but perhaps their clients shouldn't have been in a qualified plan in the first place. Nationally recognized product taxation expert Ken Davis is interviewed on this episode of "Let's Get Down to Business " featuring the Tax Investment Strategies series.

Open opportunities by engaging clients | Tax Investment Strategies - YouTube

 

[DHK]

Using such a chart is right inline with Ben Feldman, or his son Marvin Feldman. Marvin opens up his business dialogue with "How much of what you earn is yours to keep?" and shows either an estate tax bracket chart... or an income tax bracket chart.

 

[Justin Bilyj]

great idea, I think this is a very important topic...

 

[Steve Savant]

Surprisingly,this strategy is working well for many advisers. I use Back Room Technician's Marginal tax bracket report to help the prospect or client discover their effective tax bracket and the significant impact of tax advantaged insurance products on their 1040.

 

[VerityFG]

Using such a chart is right inline with Ben Feldman, or his son Marvin Feldman. Marvin opens up his business dialogue with "How much of what you earn is yours to keep?" and shows either an estate tax bracket chart... or an income tax bracket chart.

Do you know where you can see or review one of those charts?

 

[DHK]

If you watch the video, you can sign up for a 30-day trial of Back Room Technician.

You could also get similar charts from: The Virtual Assistant | The Complete Financial Advisor Toolbox