Wednesday, December 3, 2014

How QLAC & MAGI correlate in retirement taxation - Advanced Retirement Strategies



Many consumers and some advisers don't realize that taxation for most tax payers has migrated from adjusted gross income to modified adjusted gross income. And to further complicate the understanding taxation, modified adjusted gross income calculations have multiple iterations depending upon income sources.

The tax correlation as it relates to MAGI and tax deferral can significantly impact retirement cash flow for retirees, so it matters to perform several models to deliver the best net income results.

Syndicated financial columnist and talk show host Steve Savant interviews annuity product expert Mike McGlothlin on the impact of qualified longevity annuity contracts. http://youtu.be/X9S35Htd2H0

About Steve Savant

Steve Savant

As the National Marketing Spokesperson for Ash Brokerage, Steve Savant looks forward to meeting financial professionals in every way possible - in person or by video through conferences and social media.

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