This hidden gems session will spotlight lesser-known provisions of H.R. 1, also known as OBBBA, that advisers may overlook but that carry important planning implications for clients.
It will cover changes to: Health savings accounts 529 education savings accounts Student loans Dependent care assistance plans Revised 1099 reporting thresholds
This session will also cover other key updates that may get missed.
Learning Objectives
- Distinguish and interpret tax and financial planning opportunities for client education decisions, including 529 plans and student loans.
- Analyze the impact of H.R. 1 on dependent care assistance programs and information return reporting.
- Determine how these hidden provisions create new or expanded tax and financial planning opportunities for various client segments for 2025 and beyond.
- Calculate client delivery approaches to confidently and proactively address client questions about less-discussed tax law changes.
Major Topics
OBBBA, HR 1, Education planning, financial planning, tax planning
