Tax-efficient retirement income

Planning considerations for tax efficiency

Before retirement: Asset location has significant implications for future financial flexibility. Beginning 10 to 15 years before retirement, it's critical to review and work toward greater diversity in tax-deferred, taxable and tax-free accounts.

At retirement: Optimize Social Security benefits and consider Medicare surcharges. Insufficient tax planning can lead to increased Medicare premiums or lower lifetime Social Security benefits.

Throughout retirement: During the annual review, clients with high-balance tax-deferred accounts should work with you to examine strategies that may save a considerable amount of money for a surviving spouse or their beneficiaries; potential strategies include Roth conversions, qualified charitable contributions and purchasing life insurance.

Why turn to Nationwide^® as a trusted resource?

We’re here to support you and your clients as you fine-tune their tax-efficient retirement income plans.

When clients look to you for guidance to help solve their complex challenges, you can turn to us for support. It’s not possible to be an authority on every topic. That’s why we make our wide-ranging expertise and actionable solutions available to enhance your knowledge and help solve client problems.

The Nationwide Retirement Institute’s tax-efficient retirement income program provides regularly updated education and insights through: