Need assistance with data entry? RightCapital is here to help! Please use the common questions and answers below to assist you in generating financial plans. For additional assistance use the link to our support team at the bottom of the article.
Yes, RightCapital will automatically factor in inherited IRA RMD’s based on the relationship to the beneficiary, original owners date of birth, and the original owners date of death.
If this is a spousal inherited IRA that is not subject to the 10-year distribution rule, indicate the appropriate account subtype and set the distribution field to stretch IRA rule within the Profile > Net Worth > inherited IRA account.
To model a future IRA inheritance, utilize the Profile > Income > Add Income > Inheritance card, enter the relevant information and change the inherited asset drop down menu to “Traditional IRA”.
Yes, RightCapital prides itself on timely updates for any legislation that impacts RMD’s as well as tax law changes.
For additional assistance within RightCapital please contact our Support team.
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