Year-End Planning through the Lens of H.R. 1

Overview

This session will equip personal financial planners with actionable insights for 2025 year-end planning in light of H.R. 1, commonly referred to as OBBBA. We’ll explore how to capture new opportunities introduced by the legislation, including:

• The 0.5% charitable floor
• The SALT deduction phaseout
• The senior deduction phaseout

You'll learn how to:

• Rethink itemized deductions, Roth conversions, and charitable contributions
• Optimize funding of tax-advantaged accounts like retirement plans and 529s
• Strategically harvest gains and losses

We'll also cover planning considerations for:

• Opportunity Zones (OZs)
• Forced recognition events
• Future rollovers
• The use of non-grantor trusts to shift income, increase the Section 199A deduction, and enhance the SALT benefit

Whether you advise individuals, families, or trusts, this webinar will help you close out the year with clarity and compliance.

Prerequisites

Basic understanding of investment principles and knowledge of tax implications of holding investments in taxable accounts

Objectives

• Apply actionable insights into 2025 year-end planning.
• Analyze charitable contributions, including the .5% floor.
• Calculate itemized deductions.
• Determine planning considerations for Opportunity Zones.
• Distinguish the senior deduction and SALT phaseouts.
• Apply funding of tax-preferred accounts like retirement and 529 plans.
• Determine the use of non-grantor trusts in high-income scenarios.
• Analyze harvesting gains and losses.

Highlights

• Plan for year-end
• Understand impact of H. R. 1
• Identify new opportunities