michael.pendergrass
Acronym
Financial Cloud Works, LLC
Product ID
Break_Analytics
Description
Advanced IRA software built for financial planners.
Images
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Details
- Compare No-Conversion vs. Roth Conversion scenarios, showing tax impact, IRMAA effects, and net present value based on each client’s facts.
- Flexible Roth Conversion methods such as bracket-ride, multi-year conversion smoothing, and custom strategies without spreadsheets or manual tax math.
- Adjust a variety of inputs year-by-year such as income, market returns, and inflation—going far beyond static, one-time calculators.
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Details
- Software automatically identifies EDBs, DBs, and applies the correct IRS rules.
- Save time by seamlessly applying IRS distribution rules, reducing manual calculations, the need for spreadsheets and simplifying complex scenarios.
- Deliver clear, visual guidance tailored to each client.
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- Project RMDs and estimate applicable taxes to help clients plan ahead with clarity and confidence.
- Simulate QCD strategies to reduce taxable income and align with charitable goals.
- Visualize multi-year outcomes with IRS-aligned inflation and MAGI adjustments.
Features
Advanced IRA software built for financial planners:
- Simplifies RMDs & IRA rules with clear reports
- Models Roth conversions with tax & IRMAA impact
- Optimizes Inherited IRA distributions (Pre/Post SECURE Act)
Vendors
Management Style
Schwab Products
Section