Because of the complexity of retirement income plans and Federal and state tax codes, “tax-smart” distribution planning can be wickedly complex. In this webinar we discussed tax-related features in Income Lab, including the Income Lab Tax Center. We reviewed the different distributions scenarios available in the software and the range of data that advisors can use to help clients make well-informed retirement income decisions.
Justin Fitzpatrick is President and Co-Founder of Income Lab, retirement income planning software used by thousands of financial advisors. He developed the guardrails-based approach to retirement income distribution after a decade in financial services at Jackson and seven years in academia at MIT, Harvard, and UCLA. His research on adjustment-based planning has been published on Kitces.com, ThinkAdvisor, AdvisorPerspectives, and FinancialPlanning Magazine.
