Adapting to Change: Smart Financial Planning in a Shifting Tax Landscape

? A Special Wednesday Session: Stay Ahead of Tax Law Changes & Optimize Your Financial Strategy!

?? Wednesday, February 19, 2025, at 11:30 AM PT

?? Host: Donald Morgan, AIF?, CPFA?

?? Guest Speaker: Chris McGovern, CFS?, CLU?, ChFC?, AEP? Vice President, Advanced Planning at Prudential

Chris McGovern and Prudential Financial, Inc. are not affiliated with Independent Wealth Connections or LPL Financial.

What’s on the Agenda?

As tax laws and financial regulations evolve, being proactive is more important than ever. Join us for an exclusive webinar discussing how federal tax changes, retirement planning updates, and small business tax strategies could shape financial decisions in 2025.

?? Highlights from Don’s Q&A with Chris McGovern

Don: With ongoing tax law changes, what steps can individuals take to stay ahead?

Chris: Tax laws shift regularly, and understanding bracket adjustments, capital gains changes, and deductions is key. Consider maximizing contributions to tax-advantaged accounts and structuring income in ways that align with long-term tax efficiency.

Don: How do estate tax exemptions and potential changes impact planning?

Chris: Estate tax exemption levels have fluctuated, and discussions about potential reductions make it essential to reassess gifting strategies, trust structures, and charitable contributions to optimize wealth transfer.

Don: What should small business owners focus on in 2025?

Chris: Business owners should prepare for potential corporate tax rate adjustments, changes to deductions, and shifts in retirement plan benefits. Exploring tax-efficient structures like pass-through entities (S-corps, LLCs), maximizing business deductions, and implementing tax-advantaged employee benefits can help optimize tax efficiency.

Don: What role does tax-efficient retirement planning play in 2025?

Chris: With changes in RMD (Required Minimum Distribution) rules, Roth account options, and contribution limits, retirees and pre-retirees should consider Roth conversions, withdrawal sequencing, and diversification strategies to effectively manage taxable income and retirement savings longevity.

Why Attend?

?? Stay Informed: Get insights into tax law updates and how they impact your financial strategy.

?? Maximize Tax Efficiency: Learn strategies for reducing tax burdens and optimizing wealth preservation.

?? Small Business Strategies: Discover ways to navigate potential corporate tax rate changes and deductions.

?? Retirement Readiness: Plan for RMD updates, Roth conversion opportunities, and tax-advantaged savings.

?? Event Details

?? When: Wednesday, February 19, 2025, at 10:00 AM PT

?? Where: Virtual Webinar

?? Registration Required to gain valuable insights into the evolving tax landscape and make informed decisions for your financial future investing.

Disclaimer : Investing involves risk, including potential loss of principal. Tax laws are subject to change at any time and may have a material impact on your financial situation. The information provided is for educational purposes only and is not intended as tax, legal, or financial advice. Please consult your financial, tax, or legal professionals for specific advice regarding your individual situation.?

Securities offered through LPL Financial, member FINRA/SIPC. Investment advisory services offered through LPL Financial, a registered investment advisor. Independent Wealth Connections and LPL Financial do not provide tax or legal advice.?