Paycheck in Retirement

Product Infographic captions

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  In Paycheck, an advisor reviews and confirms current year income details, estimated taxes, cash flows and account balances before requesting a distribution.

• 2

  An advisor uses SafePath(SM) to track the plan’s safety and monitor income adjustments, if necessary.

• 3

  In Paycheck, an advisor can request a planned distribution, unplanned distribution, Roth conversion, or evaluate tax-free capital gains opportunities. View details of accepted distributions in the History card. 

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  An advisor reviews the tax estimates and makes edits if necessary.

• 2

  Reviews the household’s incoming cash flows expected for the year.

• 3

  Views the recommended tax-optimal account-level instructions for the household’s planned quarterly distribution The advisor selects the Accept button to accept the recommendation.
   

• 1

  Toward the end of the year, an advisor can evaluate two tax strategies: 1) if a Roth conversion should be done and 2) if there is an opportunity to harvest any Tax-free Capital Gains in the client’s taxable accounts. 

• 2

  The optimal incremental effective tax rate for Roth conversions was agreed upon when the plan was selected for Paycheck.

• 3

  The advisor views the recommended account-level instructions for any Roth conversions and tax-free capital gains. The advisor selects the Accept button to accept the recommendations.