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Take your planning with your clients deeper by modeling one of these: Roth Conversions, QCD, Schedule C, and Donor-Advised Funds
Scenario Analysis provides advisors with a powerful way to model these strategies, compare different outcomes, and confidently guide clients toward the most tax-efficient decisions. 🚀
Watch this three minute video on how to Modeling a QCD in Scenario Analysis:
Watch this four minute video on how to model a Roth Conversion in Scenario Analysis:
Watch this six minute video on how to model Schedule C Income in Scenario Analysis:
Watch this five minute video on how to model a Donor-Advised Fund "DAF" in Scenario Analysis:
Why Advisors Should Use Scenario Analysis for These Key Strategies
📊 Roth Conversions
Why? Timing a Roth conversion strategically can reduce lifetime tax liability and optimize retirement income.
Value: Scenario Analysis helps compare tax implications across different years, evaluate the impact on Medicare IRMAA and Social Security, and identify the most tax-efficient conversion amount.
💰 Qualified Charitable Distributions (QCDs)
Why? QCDs allow clients to give to charity tax-efficiently by directly transferring IRA funds to a qualified charity.
Value: Scenario Analysis shows the impact of QCDs on taxable income, helps ensure distributions meet RMD requirements, and maximizes charitable giving benefits while lowering AGI.
📑 Schedule C (Self-Employment Income)
Why? Self-employed clients have unique tax considerations, including deductions, SE tax, and retirement contributions.
Value: Scenario Analysis models different income levels, deductions, and tax strategies to minimize tax liability while optimizing retirement savings and estimated tax payments.
🎁 Donor-Advised Funds (DAFs)
Why? DAFs allow clients to bunch charitable contributions in high-income years for greater tax benefits.
Value: Scenario Analysis evaluates the tax impact of contributing to a DAF in different years, optimizes deductions, and aligns charitable giving with tax-efficient planning.