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. 

Gen Xers feel the impact of COVID-19 and rising health care costs

As evident by our 2020 Health Care Consumer Survey, a staggering number of future retirees, especially Gen Xers (or what is often referred to as the “sandwich generation”), are concerned about health care retirement costs. These individuals are eager to learn more on this pressing topic, and many are engaging a financial professional for the first time. 

Wondering which Medicare plan is best for your clients?

Choosing the best Medicare plan can be complicated – so it’s important your clients understand it as well as they can before they make an enrollment decision. 

Millennials feel the impacts of COVID-19 and health care costs

As evident by our 2020 Health Care Consumer Survey, a staggering number of future retirees, especially Millennials, are concerned about health care retirement costs. Younger generations are eager to learn more on this pressing topic, and many are engaging a financial professional for the first time. 

The new questions and concerns clients may have about Social Security

While the recent Executive Orders signed by the president provided American workers temporary relief in the form of a deferral of the employee’s share of payroll taxes from September 1, through the end of the year, they also directed the U.S. Treasury to find a means of eliminating the employee share of payroll tax altogether beyond this deadline. 

The ABCs and 123s of Medicare: A few of the basics you should know to make informed decisions

Navigating the ins and outs of Medicare can be confusing. Boost your Medicare know-how with the basics around how it works, what it covers, and how to enroll in a plan that fits your needs. At Nationwide Financial, we’re here to help you make an informed decision about your coverage options.