February 19, 2025

True Tax-Efficient Wealth Planning: A Sneak Peek at Our Exclusive Webinar

For financial advisors and life insurance experts, helping high-income clients navigate tax-efficient retirement planning requires different strategies at different stages of life.

During peak earning years, business owners and professionals need ways to reduce taxable income while maximizing retirement contributions. Later in life, when Required Minimum Distributions (RMDs) kick in, the focus shifts to minimizing tax burdens on accumulated pre-tax assets.

That’s why LIFE Brokerage is hosting our webinar on February 20, 2025, covering two powerful strategies:

For Today: Cash Balance Plans – Ideal for business owners and high-income earners seeking to contribute beyond 401(k) limits, reduce taxable income, and integrate cash value life insurance for financial flexibility during their working years
For Tomorrow: The Retirement Tax Minimization Strategy (RTMS) – For clients 60+ who want to reduce RMDs, lower tax exposure, and maximize legacy transfers by repositioning pre-tax assets into tax-efficient structures.

By understanding when and how to apply these practical and effective strategies, advisors can help clients make the most of their earnings while protecting their future wealth.

Unlocking Tax Efficiency: Two Strategies Advisors Need to Know

Financial professionals need to understand when to use the right tools to guide high-income clients through wealth accumulation and tax minimization. This webinar will cover two key strategies: one for prime earning years and another for retirement and legacy planning.

Now: Cash Balance Plans for High-Income Earners

During their working years, many business owners and high-income professionals want to contribute more to retirement than traditional plans allow while keeping taxable income as low as possible. A Cash Balance Plan offers a structured way to do both.

Higher Contribution Limits: Unlike a 401(k), a Cash Balance Plan allows for significantly larger, tax-deductible contributions, making it ideal for high-earners who want to accelerate retirement savings.

Tax Deferral Benefits: Contributions are pre-tax, reducing taxable income in the years when clients are in their highest earning bracket.

Integration with Life Insurance: Cash Balance Plans can be structured to include cash value life insurance, adding long-term financial flexibility.

This strategy is about maximizing wealth while minimizing taxes during peak earning years — helping clients build assets efficiently while actively running their businesses or careers.

Later On: The Retirement Tax Minimization Strategy (RTMS) for Clients 60+

Once clients near retirement age, their financial focus often shifts from accumulation to preservation. RMDs can create unwanted tax burdens, forcing clients to withdraw — and pay taxes on — assets they may not need immediately. The RTMS provides a solution.

Reduce RMDs: By repositioning pre-tax retirement assets into tax-efficient structures, clients can lower their taxable distributions and keep more wealth in their control.

Lower Tax Burdens in Retirement: Moving assets strategically can reduce overall lifetime tax liability, leaving more money for retirement or estate planning.

Enhance Legacy Transfers: RTMS can help clients pass down more wealth to heirs by minimizing tax erosion on retirement accounts.

Understanding when to shift from wealth-building to tax-efficient withdrawal strategies is critical. This webinar will break down how to guide clients through both phases, ensuring they make the most of every stage of their financial journey.

Why Watch the Webinar?

While this is only a glimpse into the concepts LIFE Brokerage will cover, our live session features much more — including our guest expert, Scott McHenry, President and Chief Actuary of McHenry Advisers. Whether your clients are in their peak earning years and need a way to contribute beyond 401(k) limits or are nearing retirement and want to reduce their tax burden on pre-tax assets, this webinar will equip you with actionable insights to guide them.

What you’ll learn:

When and how to use Cash Balance Plans vs. RTMS based on your client’s financial stage.
Strategies to reduce taxable income during peak earning years and lower RMDs in retirement.
Insights from leading industry professionals on tax-efficient wealth-building and legacy planning.