Within the Invested Assets area, you'll find the beginning-of-year and end-of-year balances for the investment portfolio as a whole, in addition to the portfolio return being generated each year:
Invested Assets | Definitions |
|---|---|
Beginning Balance | On the first line, represents the current value of all investments. Subsequently, equals the prior year's Ending Balance. |
Planned Saving | Total savings into qualified (tax-deferred or tax-free) accounts for the client (& spouse). Does not include savings specified into taxable accounts under the Modified Cash Flow or Goal-Based calculation methods. Equals the Planned Saving value from the Summary tab. Click into the underlined column header to view additional details. |
Employer Match | Equals the amount calculated as an employer contribution on qualified plans as set up in the 401(k) or Roth 401(k) savings cards, plus any amount entered in an 'Other savings > Tax Deferred' card, 'Other savings > Tax-Free' card, 'Other savings > Cash Balance Pension' card, 'Other savings > Profit Sharing' card, or "Other savings > Employee Stock Ownership Plan' card. Click into the underlined column header to view additional details. |
Planned Distribution | Reflects the total of the following: (1) Required Minimum Distributions (RMDs) from tax-deferred accounts, (2) Income distributions from tax-deferred accounts (as specified as 'Distribution' Income), (3) Distributions from 529 plans to fund college goals, (4) Distributions from HSA accounts to fund medical expenses. Equals the Planned Distribution value from the Summary tab. |
Net Cash Flows | Equals the Net Cash Flows value from the Summary tab. |
Annuity Adjustment | Reflects the Annuitization of an annuity account and withdrawals from annuity accounts to generate guaranteed lifetime income. |
Beneficiary Distribution | Reflects the percentage of the account that is assumed as inherited by the surviving spouse. You can update these figures in our Account Assumptions page. |
Insurance Cash Value Change | Reflects changes in permanent life insurance Cash Value. This field will only be visible when a cash value approach is used within a permanent life insurance policy. |
Portfolio Return | Reflects the total investment return of the investment accounts. |
Ending Balance | Equals the sum of all of the prior values on the tab. |
