Advisor Advocate Logo: A Financial Services Blog from Nationwide
About the blog

Client outcomes

Client outcomes

Will possible tax increases affect your client’s retirement planning next year?

Regardless of the outcome of the 2020 election, conventional wisdom suggests that some taxes may likely increase in 2021. With trillions of dollars being allocated by the federal government in fiscal and monetary support to the COVID-19 crisis, and with many states and localities facing budget shortfalls, changes are likely on the horizon. Given this uncertainty, there’s a unique opportunity for financial professionals to go in-depth with clients and analyze the impact these potential changes may have on their retirement plans and finances for the coming year. 

NFM-17768AO