The Big Beautiful Bill Passed...Now What?

The Big Beautiful Bill Passed...now what?

A lot of opportunities with your existing clients, but just as important, your prospects.

Hopefully, you are already talking with your clients about how the bill impacts them. Over the next few posts, we'll dive a little deeper into what impact the bill could have on their retirement.

Right now, this is an incredible opportunity to reconnect with prospects you have in your CRM and database.

These are people who contacted you for whatever reason, and at that time, it wasn't right for them to make a decision.  Maybe now it is.

What Can You Do to Re-Engage?  

The media and the Administration spoke extensively about making the SS tax-free.  True, it didn't quite turn out that way, but it doesn't mean the prospects understand the how and why it matters.  Most SS recipients don't pay tax on SS anyway.  For the 30% or so who do, this is your opportunity to sit down and show them how tax planning in retirement can actually put them in a position so that SS ISN'T taxable.

That 6k may help some.  But proper tax planning will help them all.  Everything from ROTH conversions to designing income using the right allocation of income buckets to how to control capital gains.  They need to understand how to use the new SALT  rules to make sure they are capturing the most deductions between the state and fed they can.  The need to understand how bundling their charitable donations and using a DAF account could result in huge tax savings.

Now is the time to reach out to them.  They have questions.  They might not have been ready last time.  Here is the opportunity to reconnect and close that deal.