Defend Clients’ Retirement Savings Against Tax Erosion

"I would like to say that this is an outstanding course. I really appreciated the interactions between this course and the tax concepts that are part of my everyday toolkit. Also it is valuable for me to have some knowledge of financial planning so I can steer my tax clients in the right direction and answer planning questions as they arise. There were quite a number of issues that were dealt with in the course that were of immediate use to me. I have had a few clients ask me about whether they should apply for CPP at 60 or wait until 65. Thanks to the course I know exactly what to tell them. Another issue is the recovery of tax on US property sales. It was nice to see the snowbird issues dealt with. These were presented as part of a larger picture but they are also stand-alones that people in my position can make immediate use of whether they are doing comprehensive retirement income planning or not. "
– Martin H.

Advanced Tax-Efficient Retirement Income Planning

Investment & Retirement, Succession & Estate Planning, Tax Planning

By: Evelyn Jacks, Al Golemme, Walter Harder

PROGRAM: Retirement Income Planning Specialist

The objective of this course is to marry tax and financial planning competencies to fund income requirements into the future while preserving, growing and transitioning wealth tax efficiently to the next generation.

CONTENT DESCRIPTION & KEY CONCEPTS:

This leading edge program is designed to provide structure and process for advisors interested in specializing in tax efficient retirement income planning. This is a skillset in great demand by the baby boomer demographic—the most affluent generation in our history—who seek credible, trusted, and expert solutions to their complex retirement planning requirements, and view tax erosion as the biggest threat to their wealth.

Certified Skill Sets: This course covers a holistic retirement income planning process which will result in the student acquiring the skills to do the following:

• Be conversant with recent tax changes relating to personal, corporate and trust taxation, pertinent to the creation of tax-efficient retirement income planning.
• Proficiently use of an assessment tool around which to structure the client's pre- and post-tax retirement income needs and monitor ongoing results: the Net Worth Statement.
• Establish a long term strategic “real wealth management plan” based on client needs for tax efficient income as well as after-tax capital preservation, growth and transition.
• Establish action plans for a long term tax efficient retirement income planning approach around the specific phases of retirement.
• Work with structures specific to planning for business owners including the distribution of funds from an operating company, holding company and family trusts in developing retirement income plans.
• Provide specific retirement income planning approaches for executives.

Practice Management Thesis: A comprehensive case study will be completed for each of the profiles above to demonstrate the student's ability to gather information, assess current and ongoing income and wealth planning results and worth with tax efficiency to plan retirement income.

Multi-Media: This course features an audio overview of the material in the course with accompanying PowerPoint presentation.

KNOWLEDGE BUREAU TOOLS INCLUDED:

• EverGreen Explanatory Notes
• Knowledge Bureau Calculators
  • Income Tax Estimator
  • Marginal Tax Rate Calculator
  • Registered vs. Non-Registered Savings Calculator
  • Tax-Efficient Retirement Income Calculator
  • CPP Income Calculator
• Family Data Worksheet
• Business Data Worksheet
• Charitable Checklist
• Lifestyle Funding Capacity Worksheet

MARKS ALLOCATION: