All supported irrevocable trust types can now be proposed from the Estate / Analysis action items. This includes the ability to propose multiple trusts of the same type. The interface has also been updated to make proposing trusts easier and consistent with the Retirement Analysis page.
On the Invested Assets tab of the cash flows, you can click through the Employer Match and Planned Saving columns to see a breakdown of the values by type of account and client/co-client.
For any of the "miscellaneous" assumptions (cost of property purchase, cost of selling a property, expense adjustment at first death) you can now customize the value for individual households. Go to the / Settings / Other Assumptions tab to update the assumption for any client.
You can now select ‘Trust’ as the owner of any bank accounts in order to have them listed in the Trust column on the balance sheet.
For pensions that are not subject to state tax, you can check the ‘State tax exempt’ box to exclude the entire pension amount from state taxable income. If the box remains unchecked, it will be subject to the state-specific rules for pension income.
We've added the ability to add new annuities through the 'Add New Items' option in the retirement action items! This capability allows you to illustrate multiple annuity strategies, including proposing the purchase of annuities at a future date. You can also choose to include or exclude the proposed annuities in any plan, allowing you to compare between different annuity strategies.
To help illustrate the value of savings to your pre-retiree clients, we have added four charts that let you show a breakdown of current and future year savings and savings rates as well as demonstrate how savings and accumulated return can build your clients' retirement nest eggs!
These charts can be found on the Savings tab on the Retirement / Analysis screen. See the Help Center for more information!
In the Retirement / Analysis action items section, you can click on most action items to see the details associated with that item. For example, you can click on a goal to see when that goal starts and ends, as well as any additional details you may have entered in the client's profile.
You can now download details about proposed debt strategies on the Dashboard / Debt screen. On both the Payment and Details tab, click the download button to export the data shown on the screen to a .csv file.
We have implemented some significant changes to the account aggregation process. When clicking the 'Link Account' button clients will now be presented with a new interface designed by our aggregation partner, Yodlee. This interface features:
We hope these updates improve the aggregation experience for you and your clients!
