2024 | The Financial Advisor's Guide to Healthcare and Taxes

Caribou Team
February 7, 2024

Tax planning is a major part of a financial plan — whether you as a financial advisor include it in your service offerings or your clients have separate tax professionals that they work with. Even if you don’t offer tax planning as a service, it’s still helpful to know the basics. Similarly, you might not offer healthcare planning right now (we can help with that though), but it’s helpful to know some of the basics so you can better guide clients and stand out from competitors. In this guide, we’re going to combine both of these important topics so that you can:

  • Confidently discuss four basic but crucial healthcare factors that can impact clients’ taxes.
  • Use healthcare planning strategies to tap into additional tax savings opportunities, reduce total financial risk, and deliver a more robust tax offering.
  • Better communicate and coordinate with clients' tax professionals about a complex area of taxes (healthcare).

We’ll dive into four main healthcare-related factors that impact tax planning:

  • Medical Tax Deductions
  • HSA Contributions and High-Deductible Health Plans
  • IRMAA
  • Premium Tax Credits

Download the free guide below!

Download "More Than Medicare: How Healthcare Planning Helps Clients Across All Generations"

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Download "Caribou Customer Success Stories: Jackson Square Capital"

Download the Q2 2023 Caribou Healthcare Planning Report

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Download the Q1 2023 Caribou Healthcare Planning Report

The Financial Advisor's Guide to Healthcare and Taxes

White Paper
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2022 Marketplace Open Enrollment Report

2022 Medicare Open Enrollment Report

Download the Q3 2022 | Caribou Healthcare Planning Report

Using The Most Common Life Events To Bring Healthcare Planning Into Financial Plans: A Caribou Case Study

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Download the Q4 2022 Caribou Healthcare Planning Report

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Healthcare Planning Data Insights: Marketplace Open Enrollment

Download the Q2 2022 | Caribou Healthcare Planning Report

Download The Secret to Better Client Retention for Financial Advisors: Healthcare Planning

Download Healthcare Planning & Early Retirement: A Guide for Financial Advisors

Download "From $40K in Annual Drug Costs to $4K: A Caribou Case Study"

Download Healthcare Planning 101: A Starter Guide for Financial Advisors

Download the Caribou Case Study “Over 75% Savings in Health Plan Premiums & an Avoided Crisis”