Monetary professionals working with folks as they save for retirement are ready to ship doubtlessly life-changing recommendation to their purchasers — particularly if they’ll convey tax-smart investing and revenue planning methods to the desk.
Within the in depth expertise of Sophia Duffy, an affiliate professor of enterprise planning on the American School of Monetary Providers, there’s by no means been a extra necessary time for monetary advisors to step up their tax recreation. That’s one cause why the School has launched the brand new Tax Planning Licensed Skilled Program, with Duffy as this system director.
On this episode of the Ask the Retirement Knowledgeable podcast, Duffy speaks with ThinkAdvisor Senior Reporter John Manganaro concerning the tax planning panorama — together with the main points of the brand new TPCP certification, which has confirmed to be the fast-growing new certification within the School’s practically 100-year historical past.
Through the episode, Duffy and Manganaro additionally talk about:
– The necessities of belief and property planning.
– The best way to keep away from battle in circumstances of sickness and incapacity.
– The Roth vs. conventional IRA debate and extra.
To hearken to further podcasts inside the Ask the Retirement Knowledgeable collection, click on right here.