Based on the clients' projected taxable income during retirement, auto calculate the amount to convert that maximizes the use of a selected tax bracket. Roth Conversion: Show how converting a Traditional IRA or an Employer Retirement Plan to Roth Assets impacts your tax burden and the assets left to heirs. Some examples of what this new feature can help advisors show clients: Based on plan complexity, prices will vary, ranging from as little as $1,500 to $5,000+. With this in mind, it is common that GWS&A may charge a separate for the service. Depending on plan complexity, the GWS&A team spends 10 to 30+ hours from start to finish on the overall process. The program is incredibly powerful for modeling “What if Scenarios”. MoneyGuideElite℠ uses Monte Carlo analysis and runs at minimum 100 trials to determine outcomes, based on stochastic modeling, the likelihood of success with variable stock market conditions. This ensures that if your financial plan is reran or modified in the future, each new instance and scenario is based on a true and accurate representation of your current account values. At GWS&A, we feel that running a fee-based plan through this sophisticated software can help pre-retirees enter into retirement with additional confidence. is an equal-opportunity employer.MoneyGuideElite℠ has been rated “the top choice of financial planning software for eight straight years,” according to Financial Planning Magazine’s annual survey. The MoneyGuideElite℠ program has partner integration with eMoney. For clients that are already using eMoney as an account aggregator to see all of their assets/liabilities in one place, GWS&A is able to link your living balance sheet directly into your MoneyGuideElite℠ Plan.
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