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Rapidly changing tax laws may call for adjustments

This is especially true when a client owns multiple accounts that could be tapped to generate retirement income. These tax scenarios can be complex, and retirees expect guidance from their financial professionals.

Before a client retires, financial professionals can help them prepare by focusing on what can be controlled: taking the right steps to plan for (and minimize) taxes in retirement. With tax-diverse accounts in place, clients can better navigate the uncontrollable factors.

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Retirement savings worksheet

We surveyed current and future retirees for timely insights on their concerns about taxes in retirement.

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10 tips to help build tax-efficient retirement income plans

Use this checklist when talking with your financial professional about incorporating tax-efficient strategies into your financial plans.

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2021 Tax-Efficient Retirement Income survey results

Examine the full report of the survey.

For financial professionals: View more resources from Nationwide on the topic of tax-efficient retirement income.

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This information is general in nature and is not intended to be tax, legal, accounting or other professional advice. The information provided is based on current laws, which are subject to change at any time, and has not been endorsed by any government agency.

Federal income tax laws are complex and subject to change. The information in this webpage is based on current interpretations of the law and is not guaranteed. Neither the company nor its agents or representatives give legal or tax advice. You should consult your attorney or tax adviser for answers to your specific tax questions.