The Tax Allocation tab of RightCapital's Investment module provides an overview of how a client's invested assets are categorized by taxation. You can access this module within the Investment > Tax Allocation tab of each client plan:
Tax diversification is a critical part of many successful retirement plans, and this module clearly demonstrates to clients the breakdown of their assets between the taxable, tax-deferred, and tax-free buckets. Please note that this module focuses on a client's portfolio as of today, pulling in account information from the Net Worth section of the Profile.
To "zoom in" to a tax bucket and view the individual account details, you can either click on a section of the pie chart, or click on a dollar amount to the right of the chart.
Taxable accounts include:
Taxable accounts
Revocable Trusts
Tax-deferred accounts include:
401(k), 403(b), or other retirement plans
Traditional IRAs
Pension plans (qualified and non-qualified)
Tax-free accounts include:
Roth 401(k), 403(b), or other Roth plans
Roth IRAs
529 college savings plans
Health savings accounts
Insurance policy cash value
